"I used to prefer cash but I'm more and more drawn to cards because with certain cards you get the full lists which you can then pass on to your accountant so you don't have to do the whole receipt, receipt, receipt thing as it's all itemised."

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If you're a wealthy heir with a trust fund, and you sell stocks, make your 10% gains since Donald Trump, and then you buy other stocks, you can avoid paying taxes. And if your accountant registers your wealth offshore in a Panamanian fund, like Russian kleptocrats do - and as more and more Americans do - you don't have to pay any tax at all, because it's not American income, it's foreign income in an enclave without an income tax.

— Michael Hudson