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Income Tax Evasion / Subterranean Economy / Part I #54965

ABC Evening News for Monday, Jul 03, 1978
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(Studio) 3 point series on income tax evasion reported.
REPORTER: Sam Donaldson

(NYC) Cases of people said having cash and not rpting. income to IRS cited. Called "Subterranean Econ." Extent noted. Case of earnings not reported in order to get welfare benefits cited. Tips income noted. Peter Gutman studies mentioned. Amt. of cash in circulation said indicative. [CUNY Prof. Peter GUTMAN - remarks on study.] Upcoming items in series announced.
REPORTER: Dan Cordtz

Reporter(s):
Cordtz, Dan;
Donaldson, Sam
Duration:
00:02:40

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