Awesome, more vagueness. If I buy a baseball card because I know it'll go up in value, will I get in trouble. Sounds like the IRS would care. What if someone buys it and is surprised when they are offered a large bump for a collectable?I don’t remember hearing much of anything about this but it is now currently the new law.
I guess on a positive note we will now see more reasonable prices in the classified?
Well said. Another big issue is it leaves to much up for interpretation. This new law can easily get somebody into some trouble who really did nothing wrong. On a positive note a few lawsuits have already come out against it and it will likely be overturned. The issue is how long that may take.This is complete bool sheet. A very slippery slope. And a very sick attempt on the government’s part to gain even more control over our lives. You simply cannot decide why someone does something. There is nobody that can read your mind and decide that you bought a gun as an investment to later turn a profit and hence become an unlicensed gun dealer. Our fat sick government can’t decide to penalize you for selling your personal possessions regardless of how much you sell them for. They can’t even tax you for the sale. What they can do is persuade you to play stupid games that will lead to your somehow either incriminating yourself or giving up your rights.
For all my years, a private gun sale has always been exactly and completely that, PRIVATE. Which is well within my rights. As far as I’m concerned, except for a couple of stipulations, no different than selling any other of my personal property. You guys can conform and bow down and buy into this crap all day, but I’ll pass.
Classic ATF. They have combined regulation and deception and turned it into a fine art. Many alphabet agencies are known for this tactic. It allows them to make up rules as they go so they can never be wrong.Well said. Another big issue is it leaves to much up for interpretation. This new law can easily get somebody into some trouble who really did nothing wrong. On a positive note a few lawsuits have already come out against it and it will likely be overturned. The issue is how long that may take.