Automotive Report Cover (John Cox Art)

Terwiliger:

Wouldn't computerizing everything make it harder to hide cash income?

I worked with some folks in related industries years ago. Folks who were around 40 years old, never reported personal income over $30K a year, & were multimillionaires (& they were first generation property owners, so they didn't get it from an inheritance).

I'm not saying I had any direct knowledge they were skirting the law, but the numbers sure didn't add up--& those guys weren't futures "geniuses" [read: inside traders or collusive cheats] like Hillary Rodham-Clinton or George Soros.

Posted by Terwiliger | June 25, 2010 7:34 PM

Posted on June 25, 2010 19:34

GarandFan:

Well there's your problem T. Like Alan Greenspan, you've got to believe that people would act honestly.

Posted by GarandFan | June 26, 2010 9:27 AM

Posted on June 26, 2010 09:27

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