The Laffer Curve, Italian style

The good news is that the Sicilian Mafia has slashed the rates it charges “clients.” The bad news is that it has vastly expanded its client base.

“Pagare tutti, pagare meno,” roughly translated as “everybody pays, everybody pays less,” is the new slogan Sicilian magistrates and mayors are using to describe what the Mafia is doing these days.

Here is the full story, courtesy of Craig Newmark.


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