Working Papers

Black Economy Pole Dancers

I would have thought the headline for this story goes without saying:

‘Underground economy baffles Tax Office’

The Tax Office told the Auditor-General it was impossible to assess the size of the cash economy because conclusions would be too imprecise, too costly and the burden on taxpayers would be too intrusive.

“We don’t attempt to estimate it because of the time and cost involved,” a spokeswoman for the Tax Office told the Herald yesterday.

The ATO did, however, find time for this:

The Australian National Audit Office has revealed in its cash economy report that tax investigators contacted more than 50 pole dancing clubs “with a sample receiving unannounced visits”.

Tough job, but someone’s got to do it.

posted on 01 March 2006 by skirchner in Economics

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