IPFS News Link • TAXES: Federal
$2 Trillion Underground Economy May Be Recovery's Savior
• CNBCThe growing underground economy may be helping to prevent the real economy from sinking further, according to analysts.
The shadow economy is a system composed of those who can't find a full-time or regular job. Workers turn to anything that pays them under the table, with no income reported and no taxes paid — especially with an uneven job picture.