Is there something that I ' m missing ? <| sep |> I always said Yup , wild sex too every year . I wish I photographed my mom ' s face when I told They were all guys . Epic disdain . 6 years later , she still inserts comments like Such a handsome guy like you . , I wished for a bride . Meanwhile I cackle imagining my bear partner in a wedding dress . Bearride . <| sep |> Well i ' ll give it a go with them . If it doesn ' t work i ' ll buy others . <| sep |> 1 Although the actual number of investigations will be low , the government will have supporting data and paper trails to go after people for a massive number of people if they wanted to . The mere fear of prosecution will make a lot of people will behave better because they overestimate the possibility of them being investigated . This will make them behave better in general . Paper to read about the effect If they store it in a bank and take it out to invest in black the government still knows that it is black , they will have to pay income tax on it so that ' s 30 % taxes appropriately better than 0 . 3 They won ' t be able to keep it out because the amount of currency will never reach the same levels it has today . It will simply not be as feasible to store it in cash any more even if currency value reaches 5060 % of the current value . 4 A large amount of money is ' black ' is just sitting there because people are too lazy to learn , or feel inconvenienced by the banking system . This is forcing them to open accounts . This exercise makes a lot of small traders switch to cashless because , honestly , the marginal utility of operating in black is not worth it for them to take the pain again when something like demonetization happens . Once the switch happens , inertia takes over and cashless becomes the new normal . You are absolutely wrong about this not increasing tax collections , even long term . Things like GST and going after property and gold will encourage it further . Whether that is worth stalling our economy to achieve I don ' t think so . Contrary to popular belief , not everyone with black money is some big shot politician , mostly they are small businessmen who are used to operating in cash and treat not paying income tax as a birthright , even if they are not making crores out of it .