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Re: Prohibition Figures
[Re: ledblimp]
#491536
06/05/08 01:19 PM
06/05/08 01:19 PM
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Joined: Oct 2001
Posts: 19,518 AZ
Turnbull
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Joined: Oct 2001
Posts: 19,518
AZ
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You probably won't find any reliable estimate of the total value of illicit booze during Prohibition for three reasons: 1. Since the business was illegal, no one reported figures for tax or shareholder purposes. 2. A lot of small-time operators made and sold booze in addition to the big mobs. 3. Before Prohibition, organized crime was small-time and local. But Prohibition made organized crime big-time and regional, national and international in operation. Also, the size and scope of their operations led big gangs into rackets other than booze. For example, Capone's Chicago "Outfit" was reputed to have brought in $80-110 million per year at its peak. But much of that revenue came from prostitution, gambling, loan-sharking and fairly sophisticated business and labor shakedowns, not just booze.
Ntra la porta tua lu sangu � sparsu, E nun me mporta si ce muoru accisu... E s'iddu muoru e vaju mparadisu Si nun ce truovo a ttia, mancu ce trasu.
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Re: Prohibition Figures
[Re: Turnbull]
#491545
06/05/08 02:04 PM
06/05/08 02:04 PM
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Joined: Jul 2001
Posts: 22,902 New York
SC
Consigliere
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Consigliere
Joined: Jul 2001
Posts: 22,902
New York
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For example, Capone's Chicago "Outfit" was reputed to have brought in $80-110 million per year at its peak. But much of that revenue came from prostitution, gambling, loan-sharking and fairly sophisticated business and labor shakedowns, not just booze. I've read that $60 million of the $105 million (peak year) was solely attributable to booze. (Allowing for inflation, that'd be worth about $750 million in one year now). Prohibition was a great cash-cow for Organized Crime, and it cost the government billions in lost revenues AND the cost of trying to enforce it.
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Re: Prohibition Figures
[Re: SC]
#491592
06/05/08 06:28 PM
06/05/08 06:28 PM
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Joined: Oct 2001
Posts: 19,518 AZ
Turnbull
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Joined: Oct 2001
Posts: 19,518
AZ
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For example, Capone's Chicago "Outfit" was reputed to have brought in $80-110 million per year at its peak. But much of that revenue came from prostitution, gambling, loan-sharking and fairly sophisticated business and labor shakedowns, not just booze. I've read that $60 million of the $105 million (peak year) was solely attributable to booze. (Allowing for inflation, that'd be worth about $750 million in one year now). Yes. And the only reason we have those estimates is that the government thoroughly investigated Capone for the big tax evasion case they successfully brought against him.
Ntra la porta tua lu sangu � sparsu, E nun me mporta si ce muoru accisu... E s'iddu muoru e vaju mparadisu Si nun ce truovo a ttia, mancu ce trasu.
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