Friday, October 10, 2008

Another problem with taxes

It encourages evasion:
Germany is cracking down on its growing black-market economy as workers duck some of the highest taxes in Europe. With companies trying to cut costs as the global credit crisis pushes Europe's largest economy near recession, more people may be forced underground. And Chancellor Angela Merkel plans to extend the minimum wage, a move economists say may send more work under the table and cost as many as 600,000 jobs.

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