They are uncontestable, and worth cash.
He found one for a chainsaw left in a shopping cart - worth over $300 with the other purchases... since he is in the 30-40% tax bracket, this receipt was worth over $100 to him.
Imagine, finding $100.00 bills in shopping carts and in the weeds outside of Home Depot! That works and is impossible to trace or stop.
I would never do such a thing of course, but if I were a Democrat I would.
The idea:
Nobody cares about receipts, but if you have at least one rental property and can claim deductions for costs, repairs and the like, collect receipts from the parking lot and shopping carts!
Result: Less revenue for the tax thieves.
Isn’t cheating grand?