To Get By, Americans Increasingly Work Off the Books
Beyond reach of regulators and tax collectors
Beyond reach of regulators and tax collectors
Black markets are logical, politicians are not
Official income shrank and debt isn't rising, but that money comes from somewhere
Uncle Sam has worked up an appetite
Lots of self-employed people and a rising tax burden
Though it's still double the size of its U.S. counterpart
Taxes created an entrepreneurial opportunity
Markets (sometimes extremely unpleasant markets) for everything
Workers and entrepreneurs ignore useless state rules and taxes
Gambling accounts for a big chunk, in the overtaxed and overregulated country
With the central bank as the only legal buyer, sellers look elsewhere
Why would anybody want to escape intrusive regulations and high taxes?
Use of smaller denominations has actually declined
Gas cans, also in short supply, going much higher
People working off-the-books jobs don't starve or protest
Next step, between the cushions, under the sofa ...
Rumors police on the Canadian side are being investigated for smuggling cheese across the border
Black market vehicles are a better deal for drivers
When times get tough, people have more reason to hide from the bureaucrats
Pakistan's shadow operators thrive off of NATO transport
A murder investigation led to the discovery of an illegal cockfighting operation and hundreds of malnourished roosters
Under a corrupt and tax-hungry government, off-the-books work accounts for the equivalent of a quarter of the official economy
Economic freedom is the key to reducing shadow economics.
Further evidence that drug wars probably hurt more than help.
Further evidence that drug wars probably hurt more than help.