The Futility of Taming the Shadow Economy
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The Futility of Taming the Shadow Economy

Moscow : Russia | Aug 02, 2012 at 9:01 AM PDT
Source: The Motley Fool
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Black money is that which is unaccounted for on balance sheets, tax returns, or income statements.  Put differently it is the shadow economy that is not counted in official statistics, definitely has not been taxed at the point of sale, or criminal in nature, be it drugs or arms running, ransom to kidnappers,... FULL ARTICLE AT The Motley Fool
 
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