So a developer can sell his newly built house to his son for a dollar and pay sales tax on it, then he can turn around and sell it as an existing house for $150,000 and the buyer will pay no tax? Is that what you are saying?
He can try, at least until the state tax authority catches up with him, and slaps him with a demand for NRST due on prevailing market prices.
Suggest you read the bill, it does have the necessary enforcement teeth that any tax bill of necessity must have. Wrongful asset conversions and fraud are well understood by the tax authorities and the courts.
So you would have a agency larger than the IRS monitoring every retail sales transaction and auditing every sales slip for fraud. Sounds worse than what we now have.
However, being a decsendant of bootleggers, I can see certain areas which would be subject to mischeif by unsavory characters.
For instance, wholesale suppliers and logistics companies.
The transport and distribution areas would be subject to pilfering for sale on the black market,thus tax free. Thats human nature.