Economics @ ITT

Inside the Trillion-Dollar Underground Economy Keeping Many Americans Barely Afloat in Desperate Times

Posted in economics, Policy Issues, Taxation by ittecon on September 19, 2011

The Young Womens Empowerment Project [PDF] describes the “street economy” as “… any way that girls make cash money without paying taxes or having to show identification. Sometimes this means the sex trade. But other times it means braiding hair, babysitting, selling CDs/DVDs, drugs or other skills like sewing and laundry.”

via Inside the Trillion-Dollar Underground Economy Keeping Many Americans Barely Afloat in Desperate Times | | AlterNet.

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