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Trump once operated a cash-only tennis club (Original Post) mahatmakanejeeves Jun 2018 OP
In 1984 call girls got that kind of hourly rate, rzemanfl Jun 2018 #1
How nice for trump with cash and no paper trail. CatMor Jun 2018 #2
I'm not surprised he ran cash-only businesses, but I hadn't heard this one before. RockRaven Jun 2018 #3

RockRaven

(14,972 posts)
3. I'm not surprised he ran cash-only businesses, but I hadn't heard this one before.
Sat Jun 30, 2018, 05:32 PM
Jun 2018

Even in the 80s there were only 4 reasons to run a cash-only business.
1) You don't want to/can't afford to pay the credit card processing fees, or pay employees to process the checks.
2) Too few of your customers have credit cards or checking accounts.
3) You don't want a paper trail, to maintain your customers' anonymity.
4) You want to skim revenue to minimize your tax burden.

No 1) fails to meet the smell test because at $150+/hr each individual transaction would be totally worth the cost to process it.
No 2) fails to meet the smell test because your clientele for a $150+/hr tennis club are rich people -- who universally had such things in the 80s.
No 3) fails to meet the smell test -- assuming this was a real tennis club and not a "tennis club" whatever bizarre thing that euphemism would have meant -- because using an expensive athletic club was seen as a status symbol, not something to hide from the world.
No 4) is not only highly likely because of the absence of other plausible explanations, but also because we know Trump is a grifter, cheat, liar, crook, etc. It's entirely consistent with our prior knowledge of his character, behavior, and business practices.

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