[muawiyah]

Your belief that "well regulated" leads to suppression of the non-taxed black-market is in error.

It is, in fact, "well regulated" anything that gives rise to the "no regulation at all" process.

[Ken H]

Your belief that "well regulated" leads to suppression of the non-taxed black-market is in error.

No, it's not in error. Do you think the black market in alcohol is proportionally as large as it was during Prohibition?

It is, in fact, "well regulated" anything that gives rise to the "no regulation at all" process.

So the alcohol and tobacco markets have no regulation at all?