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Underground Economy
Ontario / The underground economy is stealing jobs
Some of those jobs London so badly needs, with the highest big-city jobless rate in the country, can be found underground. No, not in the dirt but in the underground economy. Hidden from number counters, the taxman and competing with businesses that pay their taxes and might even hire more people if business were better, … Continue reading
Greece – Underground Economy Grows. Is there a link with the Euro crisis ?
Greece does not have the means to police its underground economy, which is considered very large compared to the size of the country. Austerity measures that cut the size of government will make enforcement of tax laws even more difficult. That is too bad because there is a lot of money to be had if only Greece could get cash … Continue reading
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