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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (782409)4/28/2014 3:43:23 PM
From: Tenchusatsu1 Recommendation

Recommended By
one_less

  Read Replies (2) | Respond to of 1576997
 
Tim,
Legalization tends to bring an activity out of the shadows, but if its very heavily regulated or taxed, you still get a black market, "in the shadows" to avoid the tax and/or regulation.
If a certain vice doesn't need regulation, it didn't need to be illegal in the first place.

That's the funny thing about legalization. On the surface, it's meant to get government out of the business of protecting people from themselves, but in reality, it just gets the government much more involved, especially now that there's tax revenue involved.

Tenchusatsu



To: TimF who wrote (782409)4/28/2014 6:35:18 PM
From: bentway  Read Replies (3) | Respond to of 1576997
 
"if its very heavily regulated or taxed, you still get a black market, "in the shadows" to avoid the tax and/or regulation."

If that were true, Tim, there'd be a booming black market in cigarettes. Except, there isn't any huge problem.

When I was dumb enough to smoke the things, they cost $.50 a pack. Check the prices NOW, which is almost ALL tax:

theawl.com

1. New York ($12.50): $14.50 = +16%


48. Kentucky (last year $6.56): $4.96 = -24%

If any legal item were to spawn a black market by your logic, it would be cigarettes.