top | item 28879004 (no title) solitus | 4 years ago Is 3% really "small"? discuss order hn newest f38zf5vdt|4 years ago The underground economy in developed countries is estimated at around 10% of the GDP, so comparatively yes. [1][1] https://www.investopedia.com/articles/markets-economy/062216... marcosdumay|4 years ago Underground economy is a term for any transaction that isn't reported to the government and don't pay taxes. It's not a name for illegal activity only.Most of it is perfectly legal or is illegal only because it's evading taxes. solitus|4 years ago Good to know, thanks for the link!
f38zf5vdt|4 years ago The underground economy in developed countries is estimated at around 10% of the GDP, so comparatively yes. [1][1] https://www.investopedia.com/articles/markets-economy/062216... marcosdumay|4 years ago Underground economy is a term for any transaction that isn't reported to the government and don't pay taxes. It's not a name for illegal activity only.Most of it is perfectly legal or is illegal only because it's evading taxes. solitus|4 years ago Good to know, thanks for the link!
marcosdumay|4 years ago Underground economy is a term for any transaction that isn't reported to the government and don't pay taxes. It's not a name for illegal activity only.Most of it is perfectly legal or is illegal only because it's evading taxes.
f38zf5vdt|4 years ago
[1] https://www.investopedia.com/articles/markets-economy/062216...
marcosdumay|4 years ago
Most of it is perfectly legal or is illegal only because it's evading taxes.
solitus|4 years ago