DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - California officials vow to crack down on underground economy.

**chelviweeme** · 12-09-2011, 07:36 PM

Employers who pay their workers cash under the table to avoid payroll taxes, workers' compensation insurance and other government mandates are costing California about $7 billion annually in lost tax revenue and undercutting companies that play by the rules, state officials say. It just depends on how you look at it. I don't see that the state lost revenue of $7 billion, I see that the people saved $7 billion in unnecessary and wasted money.

12-09-2011, 07:36 PM	#2
chelviweeme Join Date Nov 2005 Posts 480 Senior Member	Employers who pay their workers cash under the table to avoid payroll taxes, workers' compensation insurance and other government mandates are costing California about $7 billion annually in lost tax revenue and undercutting companies that play by the rules, state officials say. It just depends on how you look at it. I don't see that the state lost revenue of $7 billion, I see that the people saved $7 billion in unnecessary and wasted money.
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