So the Feds [the Canadian Revenue Agency guys] have been looking at hidden cash sales:
Agency auditors are swooping in on restaurants across the country to determine whether their electronic cash registers contain illegal software that can selectively delete sales from official accounting records.
After 2 years they have discovered about $40 million in “phantom” transactions. This is not to mention the cash transactions that aren’t very hidden and don’t need any software to disguise them. They are, like an elephant in a barn, there for all to see. We mean the cash sales at certain Farm Markets [we don’t mean Elderkins!], markets which are replicating like rabbits. Think about it. The expenses come off the business books but the market transactions are no receipt, cash sales. How much of that cash gets into the business books do you think? Any tax paid?
Restaurants are the first target of this phase of the ESS [Electronic Sales Suppression] investigation ” because of the high volume of cash sales.”
We don’t like taxes, especially when they are misspent, but we don’t like unfair treatment either. How about declaring all of Wolfville a Farm Market then all the businesses could join in.