[elbucko]

...the "common sense" is that the government would be incapable of doing what you suggest because they simply do not have the ability to collect the information necessary to do it.

In todays electronic world, the doesn't make sense. You'd be surprised how much information the government can collect on you through your bank or employment.

[kevkrom]

In todays electronic world, the doesn't make sense. You'd be surprised how much information the government can collect on you through your bank or employment.

Are they going to outlaw cash? Are they going to require that I buy retail instead of resale? That I can't save up for a major purchase, a child's college, a daughter's wedding, or my own retirement?

You're delusional if you think this could even remotely happen.