3 ms·
Actually it's contributing way more than people think, particularly in places where it's fully illegal and technically not accounted. In places where it's full
by fer 5y ago
Actually it's contributing way more than people think, particularly in places where it's fully illegal and technically not accounted.
In places where it's fully illegal, there are two main patterns:
1. Small dealers effectively layer the funds and forget, by paying for goods and services in cash, effectively creating demand in other sectors. The actual production increase is difficult to calculate, but it's certainly there.
2. Larger dealers have full laundering operations that, simplifying a lot, make their production seem to come from somewhere else and have it taxed accordingly.
While in places where it got legalized it's often advertised the amount of tax revenue that generates, it's difficult to account for the actual increase in overall revenue, especially because the scenario 2.