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To: scooby321

I totally agree with the author of the article, and add one more point.

The incentive for under-the-table income is now enormous. It is much more beneficial for those under a certain line to add to their income in a way that will not affect their benefits.


3 posted on 02/08/2014 5:45:48 AM PST by jaybee
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To: jaybee

Coming soon; An all cash society.
Black markets where unapproved groceries are sold.


4 posted on 02/08/2014 5:48:15 AM PST by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
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To: jaybee

And people can be paid using bitcoins.


5 posted on 02/08/2014 5:51:23 AM PST by Excellence (All your database are belong to us.)
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To: jaybee

Black market labor is one of the big problems of European countries, where there are major disincentives both to employers and employees to having “legitimate” full time jobs. Keeping one’s taxable income down and retaining social welfare benefits while at the same time having more disposable income motivates the under-the-table employees, while not having to pay as much in payroll taxes or other forms of government assessment on employers, plus the freedom to hire and fire, motivates the employers.

One thing that is paradoxical about this is that the situation is created by government policies, particularly tax policies, but at the same time, it results in lowered revenue collection for the government. This was one of the problems Greece had: paying for huge social welfare benefits while at the same time receiving less and less income as people fled the taxes.


6 posted on 02/08/2014 5:54:34 AM PST by livius
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To: jaybee
" More to the point, "I knew eventually it would be acknowledged that when you pay people for being low income you are going to have more low-income people.".... .....

liberals have turned to claiming that ObamaCare's missing workers will be a gift to society. Since employers aren't cutting jobs per se through layoffs or hourly take-backs, people are merely choosing rationally to supply less labor. Thanks to ObamaCare, we're told, Americans can finally quit the salt mines and blacking factories and retire early, or spend more time with the children, or become artists.

Well, it's worked that way for welfare recipiants and the disability scammers... lots of new artists in that bunch...

8 posted on 02/08/2014 9:32:15 AM PST by GOPJ (The Nation's divided between those who are to be fooled and those who do the fooling.Greenfield)
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