Scary Political Prediction of 2004 Now Coming True

Bob,

Thanks for adding some more.

the CASH underground economy is a definite target of the govt

Our govt created a Goods and Services Tax (GST) of 10%. So an item that Used to sell for $100 would now sell for $110. And to figure out how much GST is on any item you buy, divide the sale price by 11.

Anyway. This GST ALSO applied to Services - lawn guys, plumbers, electricians, etc. So a $400 job would now be a $440 job.

Well, instead of Capturing More Tax from service people, it drove them underground more. So now they are More Willing to do a deal - as long as you do Not require paperwork.

That $400 plumbing job is now $380 without a receipt of work done. And so on. The gummit created this "Black Economy". And they are also the ones to Name it as if it is something Bad. Interesting.

Michael Ross