Just when I am getting ready to retire and sell much of my collection of razors, we may have to deal with sales tax in our classifieds. This article was in Yahoo News Monday 4/22/13............ Senate bill jeopardizes tax-free online shopping
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Just when I am getting ready to retire and sell much of my collection of razors, we may have to deal with sales tax in our classifieds. This article was in Yahoo News Monday 4/22/13............ Senate bill jeopardizes tax-free online shopping
Yeah, whether or not it passes remains to be seen. Even if it does I imagine it will apply to vendors more that to individuals selling personal items.
And for every dollar they collect they will spend another 20. Call your people in DC and let them know how you feel, we beat this a six months ago and now they are trying it again. Remember if they can tax it, they know what you are buying and setting up a profile just like the retailers are doing.
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Originally Posted by JimmyHAD
Those congressional reprobates will find a way to burn us all. Past behavior predicts future behavior.
wait till you have to deal with paypals requirements, as far as sales data that is givin to the IRS:)
Jerry unless you are making over a million you are safe I think
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Businesses with less than $1 million a year in online sales would be exempt.
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Originally Posted by mrsell63
If they were to apply a tax to what is sold on the classifieds I think SRP would shut down the classifieds(just a guess) rather than be a collection agent for a "gubmint" bureaucracy.
paypal reciepts of anything over $20k gets reported to the IRS
I struggle to understand how this is even constitutional. Article 1, section 7: "All Bills for raising Revenue shall originate in the House of Representatives". All branches of our gov't are either over stepping their authority or waiving their authority out of convenience.
Just to play devil's advocate here, why should a corporate giant like Amazon.com be exempt from having to collect a sales tax when the mom and pop hardware store in my neighborhood isn't?