Audiogon seller's question

Well, I'm not the buyer. So there's that.....

audioman58

FYI - "now the new Biden laws all transactions you have to pay tax on ,PayPal  issues IRS statements ,which are a ripoff you pay taxes when it’s new ,

now used more taxes , not good."

That is a lie (and you should know better).  

This a a simple sales tax on used items, just like selling a used car, used bicycle or used toilet paper ;-).  The new law simply reduces the 'celling' to $600 per annum, under which, items are NOT taxed (I consider the $600 limit a GIFT).  Again, if I sell a couch for $300, for example, I pay sales tax once the limit is exceeded.

This all began in 1913 with the Sixteenth Amendment of the Constitution...

"ARTICLE XVI. The Congress shall have the power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration."

I hope everyone realizes that too many uninformed/misinformed folks with political agendas spread their BS on AG and else ware.

My comment should end 'elsewhere' ... sorry, auto-word correction is not always an advantage.

Cheers...

Taxation is theft, plain and simple. But taxing a used item (that has already been taxed before) is theft X 2. And don’t get me started on recurring property taxes on automobiles and other personal vehicles that were taxed heavily when purchased. That is theft X 1000.

Different subject for a different day....

@inagroove

Again, if I sell a couch for $300, for example, I pay sales tax once the limit is exceeded.

Why would YOU pay sales tax on something YOU sold? In all retail, the buyer pays sales tax, not the merchant.

@inagroove 

"too many uninformed/misinformed folks with political agendas spread their BS"

Sad but true.