On Mon, 2002-03-18 at 16:24, Jean-Marc V. Liotier wrote: > On Mon, 2002-03-18 at 20:42, Ron Johnson wrote: > > Apparently so. It's been 60ish years since WW2, the economy still > > functions, and taxes aren't confiscatorialy high (yet), so for us, > > the underground (or black) market is in stolen property, etc. > > If you sell me a piece of kit you very legally own, and I pay you in > cash, that's black market : no trace, no taxes paid. The property traded > is not necessarily illegal, it's just that the transaction is not > visible to the State.
Am I a business, or just a regular Joe? If I'm a business, then yes, that's the black market. If I just sell you my old PC, then that's the perfectly legal (at least in the USA) secondary market. Of course, if I make a habit of buying and selling used kit, then, yes, I would be engaging in commerce, and then must either register with the state and collect taxes, or enter the black market. -- +------------------------------------------------------------+ | Ron Johnson, Jr. Home: [EMAIL PROTECTED] | | Jefferson, LA USA http://ronandheather.dhs.org:81 | | | | "(Women are) like compilers. They take simple statements | | and make them into big productions." | | Pitr Dubovitch | +------------------------------------------------------------+
