Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Underground cash economy thrives in Sacramento

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-12-10 02:39 PM
Original message
Underground cash economy thrives in Sacramento
Underground cash economy thrives in Sacramento


He plies his trade at Arden and Howe, one of the city's busiest corners. An advertising sign holder for hire, Trandell McCauley makes his money a couple hours a day or a week at a time.

And he earns it in cash.

McCauley calls his job a "backbone," the $10 an hour he earns keeping him standing in tough times.

He is part of the bustling underground economy, where folks are paid in cash and taxes aren't paid at all. State agencies don't keep precise, up-to-date statistics, but experts say the deep recession has made such shadow work a growth industry here.

Some of these people can't find other jobs; some choose to avoid paying taxes; some are undocumented immigrants who fear deportation. Others have employers who insist on hiring them under the table. Still others earn income through illegal activity.

....

In 2004, state lawmakers created the Economic and Employment Enforcement Coalition, a team of federal and state investigators, to focus on habitually offending industries, including agriculture, construction, janitorial services and restaurants.

http://www.mercurynews.com/breaking-news/ci_14863621

Printer Friendly | Permalink |  | Top
Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-12-10 03:05 PM
Response to Original message
1. IRS wont' like this. Bartering economy also - taxes are supposed to be paid
just like income.
Printer Friendly | Permalink |  | Top
 
pennylane100 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-12-10 03:59 PM
Response to Original message
2. I am glad those signholders get at least ten bucks per hour.
they deserve much more, it looks like hard work.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Dec 26th 2024, 06:54 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC