Underground economy drains billions from IRS, study says
A Supreme Court era remark frames the issue as billions evade taxes. The underground economy may reach 90 billion dollars, about 10 to 15 percent of GDP, affecting individuals from doctors to waitresses and widening the tax gap. Remedies include simplified returns, reform ideas from Hall and Rabushka, and慎 enforcement restoration.
MENTIONED IN THIS ARTICLE
Congress
Hoover Institute
Stanford University
Robert E. Hall
Alvin Rabushka
Hall
Rabushka
Greatest Deception Since Houdini Says Reagan Budget Has Heart
The author defends Reagan’s budget arguing it shows compassion for the needy by directing over half of the total spending to human resources and cites 1983 projections for Social Security Medicare and Medicaid. Defense spending is framed as smaller and more affordable vs 1962 levels, while cuts to arts and education remain scrutinized but not ruinous.
MENTIONED IN THIS ARTICLE
Reagan
Houdini
You
Kennedy
National Science Foundation
National Endowment For the Arts
National Endowment For the Humanities
Navy
Intelligence Identities Protection Act Seen as Bad Law Despite Good Intentions
An editorial argues the Intelligence Identities Protection Act risks chilling First Amendment rights and could criminalize innocent journalism. It notes past CIA agent killings after identity disclosures and questions how to balance security with press freedom and due process. The piece critiques the bill’s broad terms and potential misuse.
MENTIONED IN THIS ARTICLE
Central Intelligence Agency
Reagan
House
Senate
U.S
CIA
Philip Agee
Athens
Agee
Congress
William Kennedy
San Diego
Kennedy
Jon Standeter
Mexico
United States
American Civil Liberties Union
Society of Professional Journalists
Also Mentioned on This Page
Falkland
Islands
IRS
Smith Hempstone
Supreme Court
Oliver Wendell Holmes
Underground
Underworld
Internal Revenue Service
Sam
National Defense
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