3 ms·

If you tax it high enough, you won't necessarily drive demand down to zero, you'll just drive demand back to illicit sources just like currently illegal drugs.

• mullingitover 7y ago
  I agree that there would be a small black market, but it would be just that: small.
  • admax88q 7y ago
    What is the effective difference between huge taxation and banning?
    • vkou 7y ago
      You, or anyone employed, owning, or contracted by any part of the supply chain, can get legal redress from any issues arising in the manufacture, sale, transportation, or consumption an expensive, heavily taxed product. With a black market product, your only form of redress for any issues that may arise from commercial activity surrounding that product is an incredible, and preferably disproportionate amount of physical violence.