Undaunted by a new law that, for the first time, makes it a punishable offense (maximum penalty: three years' imprisonment) to file a fraudulent national income-tax return, Italy's taxpayers last week kicked off their annual game of "Guess My Income" with local community tax collectors. The rules of play are simple and timehonored: 1) in public declarations made without oath, each taxpayer makes a guess at his income; 2) the municipal tax collector, sizing up the taxpayer's visible possessions, then makes his guess anywhere from two to thirty times as high and...
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