Scrapping so far has been an unregulated business, therfore if your a small time or parttime scrapper there is no way the IRS can collet taxes on the money made. By permitting the buyer and the seller the IRS can track what money you are making and make you pay taxes. This goes for small and large governments. If you noticed it says that contractors are excempt from this law, that's because they already have the info they need on those companies. This is just another way for the government to watch what your doing. Many peole are collecting unemployment and making money through selling scrap. I could go on but thats enough of a rant for tonight.
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