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"The end of the Mafia as we know it?" Fuggedaboutit.
The recent murder of Frank Cali, head of criminal cases in the Gambino family, outside his home in Staten Island shows that "La Cosa Nostra" is still alive, even if the authorities are not quite certain of the motives of the badbadination.
On a daily basis, the mafia acts more as a corrupt and stealthy government than as a brigade of badbadinations of vipers. Construction, shipping and leasing companies fall under the influence of criminal families, who infiltrate companies and unions to create fake jobs and siphon money contracts.
But the real dollars come from the black market, since the mafia offers protection to "wise men" who sneak into restricted services or heavily regulated by the government. Reducing tobacco taxes and reducing red tape and unnecessary regulations can therefore play a key role in reducing violence and the influence of the crowd.
One of the clbadic ways to make money for the mafia is smuggling and selling illegal tobacco. Smuggling of generalized tobacco made a fortune in the main families of criminals in the 1970s and continues to cost taxpayers billions of dollars in lost revenue every year. When taxes make the price of cigarettes in the state of New York is more than double that of Virginia or Kentucky, the boom of the black market and the victory of criminals.
In addition to proven diets, crime leaders are always looking for new ways to make money for the poor. Cali headed the Gambino family, the organization focused on "selling opioids such as heroin and oxycodone." The Godfather realized that if legal drugs are too expensive or too difficult to obtain, the crime family could make money selling painkillers. The New York government, Andrew Cuomo, seems to have lost this connection. He continues to pressure state legislators to reinstate an opioid tax declared unconstitutional by a federal judge in 2018.
Cuomo is also not interested in mobile sports betting, arguing that the legalization of this practice would be a blow to the casinos that he sees as a driver of economic development for the north of the country. State of New York. But legalizing online betting would also be a blow to the mafia, which makes big profits on sports betting.
Federal politics has also been a boon to the world's hottest men. Since the beginning of the mafia in the United States, large families are actively employing to distribute high rate loans. Individuals and cash-strapped businesses with a strong credit history are turning to mafiosos as a last resort, with extremely high interest rates and cases of blatant violation of laws. This business model has been reinforced by the rising tide of federal bands over the past decade. Last year, the New York Post said, "There is still a lot of money to be earned from this bent nose set. The stringent regulations coming into effect as a result of the mortgage collapse have given a good boost to the street loan sector – fast cash at an exorbitant rate. "
Community banks were once reliable lenders to vulnerable groups, but the Dodd-Frank regulations pbaded by law by President Barack Obama made it difficult to maintain these banks for their business. According to a report published in 2014 by the Mercatus Center, "a vast majority of respondents consider Dodd-Frank more burdensome than the law on banking secrecy and the participating banks have reported significantly higher compliance costs following the new regulations. … The increased regulatory burden has led small banks to reconsider their product and service offerings. "
While small banks were overwhelmed by very high compliance costs, the Bureau of Consumer Financial Protection challenged payday lenders for using "predatory" collection tactics. In 2014, the Bureau forced ACE Cash Express to adopt a $ 10 million settlement after payday lenders called too many delinquent borrowers and threatened to pay additional fees and lawsuits. But payday lenders have provided an indispensable service to inner-city residents, and their annoying tactics are in no way comparable to those of competition. For borrowers indebted to the mafia, "the ever-present threat of violence encourages repayment," and the occasional punches and the collapse of car doors reinforce the credibility of these threats.
Fortunately, federal policymakers are beginning to understand that more rules and restrictions are hurting gangsters. A partial dismantling of Dodd-Frank, promulgated by President Trump in 2018, allows community banks to benefit from financial reprieve due to financial "stress tests" and capital requirements by regulators. However, the bill still leaves many regulations intact, which means that costly compliance consultations are still necessary for small banks. And the CFPB is still free to harbad the mafia's competitors in the future.
To hit the mob, federal and state legislators must work together to eliminate taxes and rules that allow gangsters to govern.
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