(L15) Garage Sale Regulation

If the state regulated garage sales, would poor people be better off?

All people, especially poor people, would be worse off if the state regulated garage sales. Taxes would not only hike up the prices of each item, but the government would also most likely require licences to sell, discouraging people from holding garage sales in the first place. Minimum and maximum prices would also more likely than not be imposed, and garage sales would no longer be a mutually beneficial event. These regulations would all be enforced using coercion, and the option of voluntary exchange would be revoked.

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