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stopdiggin

(14,434 posts)
19. if the 'occasional' sale - is netting greater than 20 thousand a year ....
Sun Jul 27, 2025, 05:43 PM
Jul 27

And, yes .. we do need actual definitions and cut off points. (and presumably what we have our tax codes for?)

If someone is having hard times and struggling - then we would presume that any tax 'owed' on their $2500 would be very minimal or practically nonexistent. If in fact that person is in a somewhat more privileged position - are we making the argument that they also do not owe - anything, on an equivalent amount? But, in either case - the the government has no cause to even have knowledge ? What I really can't see - and see no real plausible argument for - is that all manner of income should go 'unreported'. (meaning any sort of fair or reasonable accounting is ever even arrived at .. ) Where does that species of thought come from?

Like I started out saying ... Arguments ... And I can see reasonable and practical argument for minimum thresh holds ... But $20,000 (as is being advocated elsewhere here) .. ? No - that is just an argument for 'skinning the taxman'. (i.e., cheating) And serves no aspect of the public good. (YOU may go home whistling with more money in your pocket ... But, I and everyone else, is going home with less!)

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I'm not sure if I agree this is 'a good thing' stopdiggin Jul 26 #1
OK TnDem Jul 26 #2
OK. As I said - arguments ... stopdiggin Jul 26 #6
Uh, no TnDem Jul 26 #7
YOU may be talking about 'small time Ebay seller' - I was fairly specific, in each of my posts, stopdiggin Jul 27 #8
it depends on... TnDem Jul 27 #9
100% agree with you. Taxes disproportionately affecting low income earners need to go. harumph Jul 27 #14
the answer (from here) is, 'Yes'. I do think that income (if it exceeds a certain 'casual' amount) stopdiggin Jul 27 #15
If not taxed, then why report? TnDem Jul 27 #16
the answer is right there stopdiggin Jul 27 #17
So, an "occasional" sale? TnDem Jul 27 #18
if the 'occasional' sale - is netting greater than 20 thousand a year .... stopdiggin Jul 27 #19
Confer your arguements to the billionaires with fleets of lawyers TnDem Jul 27 #20
NO! Because I do not buy into the premise stopdiggin Jul 27 #21
Depends on what the law says to do TnDem Jul 27 #24
Word had it was going to be $600 but so glad it's back to $20k vapor2 Jul 26 #3
I've always thought taxes on used items was bs Polybius Jul 26 #5
Great news Polybius Jul 26 #4
people conflate income reporting with actually paying taxes on that income. uncle ray Jul 27 #10
What other vendors? TnDem Jul 27 #11
that answer is in the link you posted. uncle ray Jul 27 #12
Your opinion of what's reasonable TnDem Jul 27 #13
"Something good"? GenThePerservering Jul 27 #22
True, but TnDem Jul 27 #23
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