Officials from the City of Los Angeles plan to roll out a new ‘Don’t ask, don’t tell’ initiative in a bid to encourage immigrant entrepreneurs who have yet to register with the Internal Revenue Service to enter the tax system without fear of prosecution.
"Our goal is not prosecution. It's to collect revenue to pay for public services," Yusef Robb, spokesman for Mayor James Hahn, revealed in an Associated Press report.
It is estimated that as many as 80% of the city’s new entrepreneurs are immigrants, and unregistered businesses are said to cost city coffers some $39 million a year in lost tax revenues.
"These people are setting up businesses anyway," observed Roberto Barragan of the Valley Economic Development Center. "The real challenge is convincing them it's not difficult. The IRS does not care if you are legal or not, they just care if you pay taxes."
The program, targeting both legal and illegal immigrants, will be launched next year.
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