$2 Tri Underground Economy: Obama Converts Us to Third World

[_bcspace]

And Obamacare still keeps businesses from hiring:

"There's a lot of uncertainly about immigration changes and who will be legal, and about paying for Obamacare," she said, adding that most workers in the shadow economy are in the country illegally. "Government rules are keeping businesses from hiring."
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What the government is keeping track of is lost revenues. According to the Internal Revenue Service, about $500 billion in taxes were lost last year because of unreported wages, versus $384 billion in 2001.

"The effects of the underground economy are larger than we think," said David Fiorenza. "The result is less tax money paid to the various levels of government."

"Those working and not paying the taxes puts the burden on those who pay the tax," added Fiorenza. "Taxes could be lower if the government where able to capture the underground economy instead of raising taxes on those currently paying the various income and payroll taxes."
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"People are running out of patience when it comes to finding a job and losing income," Gonzalez said. "So it's not that surprising to have workers take jobs that are in the shadow economy. But it's a sign of how bad things are and how we have to get the real economy moving again."

$2 Trillion Underground Economy May Be Recovery's Savior

[_ajax18]

It seems like a lot of employers get away with paying under the table, or employees working under the table to make sure they look poor enough on paper to keep their welfare benefits. Why doesn't the government try to enforce that?

[_Kevin Graham]

So now suddenly, when you think you can spin it around against Obama in some convoluted way, taxing the people more becomes a good thing for the economy??

You folks are a trip. Your only consistency is that you'll agree with anything that can be construed as a negative against that black guy in office.

[_ajax18]

Why doesn't the IRS enforce taxation laws on all the businesses paying under the table? Surely they are aware or should be aware of it. And I don't think informing them changes anything. Are they just being selective in who they enforce the law upon?

http://www.businessweek.com/debateroom/ ... table.html

Well I guess this answers my own question. Apparently if whoever is in charge thinks you don't make enough money then they won't enforce the law.