tag:blogger.com,1999:blog-840930092789285091.post4188124381362631980..comments2024-03-19T20:31:23.141-05:00Comments on The Chuck Cowdery Blog: The Bourbon Secondary Market Is Now Legal in Kentucky, Sort ofChuck Cowderyhttp://www.blogger.com/profile/12191121480961526039noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-840930092789285091.post-84976938631741576502018-01-21T20:53:10.388-06:002018-01-21T20:53:10.388-06:00So just to add some additional thoughts to my abov...So just to add some additional thoughts to my above post, what we're seeing is a typical example of bureaucrats who don't like the legislature intruding on their private kingdom, they're over burdening the people by requiring burdensome regulations that will be nearly impossible to comply with and easy for them to find fault with. Its bad enough for a buyer and seller to find each other and come to an agreement, but now they want to add on a bunch of regulations to make life difficult. Maybe just enough to scare off everyone and leave the marketplace them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-840930092789285091.post-46947992536062663282018-01-17T18:50:20.841-06:002018-01-17T18:50:20.841-06:00It might also generate some sales tax and income t...It might also generate some sales tax and income tax woes. Kentucky has a long standing reputation for attacking casual sellers like at flea markets. The Revenue folks will also expect you to claim the sales as income. And unless you kept your 50 year old sales receipt, they're going to claim what you got was all profit. The greedy and money hungry in the Commonwealth will want their pound of flesh.Anonymousnoreply@blogger.com