Thursday, March 19, 2015

Underground Economy

The underground economy or the "shadow economy" is the jobs that, in the governments eyes, are illegal because the workers are being payed under the table. These workers are not paying any types of taxes because their incomes are not reported. On the positive side, the underground economy has circulated, just last year, $2 trillion dollars. This is positive because these people involved In this economy are spending money because of how much they make and putting it towards our regular economy, making it stronger. Although, it also has its downsides. Because of the large among of Americans not paying taxes and being payed under the table, it leaves more taxes to be payed by everyone who is on the books. If these people were to pay taxes , the government would not have to raise taxes, they might even lower them in result. 

Thursday, March 5, 2015

Net Neutrality

Net Neutrality is the idea that all Internet service providers send out an equal amount of service to all their customers at all times. For example if Comcast was to send a stronger Internet signal to Netflix and send a lesser amount to Amazon or Hulu. Doing this would take away the competition between the two websites because the website with the weaker Internet signal would be at a disadvantage. Net neutrality says that this should not be allowed because all websites should have an equal chance of success and nigget ahead just by paying more for an upper hand. Consumers like me support net neutrality because although I use Netflix 24/7 and absolutely never use Hulu, I understand it is only fair that all websites remain competitive to maintain fairness. The FCC controls neutrality by having the Internet be a open and fair playing field. They do not make discriminate against any website due to the idea of this fairness.