Saturday, July 14, 2012

A benefit of Free America

Apparently, in Free America, citizens may barter, buy, or trade lawfully purchased property without the Federal Government's express approval on the transaction!

INCONCEIVABLE! Everyone knows you can't let the proles exchange goods freely just as everyone knows to never get involved in a land war in Asia! It's a wonder this backward state isn't in a state of anarchy with all this free trade going on! Won't someone think of the regulators?!

Not having to pay DROS and wait 10 days for a private party transfer really opens up the options to firearm owners. After a bit of time on Armslist, which is like a Craigslist for guns, I found there are plenty of folks who have grown tired of their personal flavor of shootie goodness and are looking for something your taste buds might be growing bored with.

I enjoy the notion of bartering because the value of the item does not have to be transfered into dollars, and both parties can essentially trade at cost.

Of course, it should be noted that in any bartering where a profit (as described by the Internal Revenue Service) is gained must be reported on your income ta--BWAHAHAHAHA! Oh wow, I really thought I was going to get through that whole thing without laughing. Of course no one would dare make a profit without reporting it to their local arm of the Federal Government! That'd be mala prohibita, and no one wants that.

To prove my point, here's a hypothetical: Lets say I found a nice gentleman interested in the AK parts kit I bought in '06 for $99. But the price for Romy G kits has increased as the supply has reduced in the past 6 years, so he was willing to trade something worth $300 for it, like, oh I don't know, a Benchmade Infidel. What is a good little citizen to do?

Well, I would take the trade and request his Taxpayer Identification Number (TIN) to put on the form 1099-B I file with the IRS and possibly send an inquiry to the International Reciprocal Trade Association to see if my trade incurs any other taxes or trade tariffs.

It's not like I could just hand him a few pieces of metal and receive some other pieces of metal! That would just be... uncivilized...

1 comment:

ErnestThing said...

"What is a good little citizen to do?"

Trick question. Everyone knows a Good Little Citizen would have no need for an automatic knife. Everyone knows those are useful only for stabbing orphans, widows, and nuns. A Good Little Citizen would invest his earnings in a US treasury bond, then when his investment had increased 100-fold (as it only can when investing in the US), he would take his earnings and buy a Chevy Volt, which he wouldn't even drive because he bikes to work at the local union shop assigned to him by job czar.