Possible new tax law?

[Bobbycee]

Originally Posted by Exhibitman

Precisely! The doomsayers are just a bunch of tax cheats unhappy that they may not be able to free-ride on the rest of us anymore. Well on behalf of everyone who pays their taxes:



BTW, the $600 mark isn't chosen at random. It is already used as a floor for things like casual labor taxation.

Or, just maybe, some of us are way past tired for getting hit up again for more taxes. You ever think of that? I pay more than my fair share of taxes but am sick and tired of politicians of finding new ways to hit us up for more.

[Johnny630]

Originally Posted by Bobbycee

Or, just maybe, some of us are way past tired for getting hit up again for more taxes. You ever think of that? I pay more than my fair share of taxes but am sick and tired of politicians of finding new ways to hit us up for more.

I agree get ready for more they’re only going up.

Proceed with crying towel and wet floor signs about political references this is about baseball cards lol

Either way irregardless all sales had to be reported before anyways

[Exhibitman]

IT'S NOT MORE TAXES: IT IS THE SAME TAXES YOU ARE ALREADY OBLIGATED TO PAY UNDER CURRENT LAW!

Forgive me for shouting but this sort of false statement is so frustrating for me to read that it makes me see red. A change to a reporting threshold does not impose new taxes. You won't pay one red cent in taxes more than you already owe--but for some people it means that cheating on their taxes gets much harder because the IRS will be able to check the data you submit in your tax return against what eBay reports to it. That's it.

[commishbob]

Originally Posted by Exhibitman

IT'S NOT MORE TAXES: IT IS THE SAME TAXES YOU ARE ALREADY OBLIGATED TO PAY UNDER CURRENT LAW!

Forgive me for shouting but this sort of false statement is so frustrating for me to read that it makes me see red. A change to a reporting threshold does not impose new taxes. You won't pay one red cent in taxes more than you already owe--but for some people it means that cheating on their taxes gets much harder because the IRS will be able to check the data you submit in your tax return against what eBay reports to it. That's it.

Amen. Not sure how it gets twisted.

[Rich Klein]

I will also point out that Brick and Mortar stores (of all types) have complained about this disadvantage and the supreme court decision helped to level that field as well. So for 99 percent of the stores in all fields, this does level the field a bit.

Regards
Rich

[swarmee]

As I posted in the thread on Blowout, I am shocked that it is only expected to gain approx $1B a year in new income to the Federal coffers. Compare that to the $4 thousand billion dollars approved in stimulus packages in the last year...

I have to think that closing the auction house reporting loophole will be next.

[I Only Smoke 4 the Cards]

Originally Posted by Rich Klein

I will also point out that Brick and Mortar stores (of all types) have complained about this disadvantage and the supreme court decision helped to level that field as well. So for 99 percent of the stores in all fields, this does level the field a bit.



Regards

Rich

Agreed. Support your local shops!

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[doug.goodman]

Originally Posted by commishbob

Amen. Not sure how it gets twisted.

Hahaha.

We all know.

[insidethewrapper]

It's easy to see the cheats, they request "paypal friends and family" to avoid paying fees which should be paid for the purchae of merchandise.

[h2oya311]

Originally Posted by insidethewrapper

It's easy to see the cheats, they request "paypal friends and family" to avoid taxes etc. If I buy merchandise I don't pay with " F & F".

No, that’s to avoid the 3%+ in PayPal transaction fees. Has nothing to do with taxes. And to my chagrin, the last time I let a Net54 buyer pay with regular PayPal, he requested a refund when the card wasn’t to his satisfaction. No problem I think. I am a man of my word and my reputation is far more important than money. Well, it’s a problem when I don’t get refunded the 3% PayPal fee on the sale of those goods. Never again.

Carry on.

[toledo_mudhen]

Originally Posted by Johnny630

Either way irregardless all sales had to be reported before anyways

irregardless is not an actual word......

[orioles70]

Originally Posted by toledo_mudhen

irregardless is not an actual word......

Irregardless of what you believe...irregardless is a word

In both Merriam-Webster and Oxford dictionaries...also allowed in Scrabble

https://www.merriam-webster.com

irregardless

*adverb

ir·​re·​gard·​less*|*\*ˌir-i-ˈgärd-ləs**\

Definition of*irregardless

nonstandard

:*REGARDLESSI told them that*irregardless*of what you read in books, they's some members of the theatrical profession that occasionally visits the place where they sleep.— Ring Lardner

Frequently Asked Questions About*irregardless

Is*irregardless*a word?

Yes. It may not be a word that you like, or a word that you would use in a term paper, but*irregardless*certainly is a word. It has been in use for well over 200 years, employed by a large number of people across a wide geographic range and with a consistent meaning. That is why we, and well-nigh every other dictionary of modern English, define this word. Remember that a definition is not an endorsement of a word’s use.

Does*irregardless*mean the same thing as*regardless?

Yes. We define*irregardless*as "regardless." Many people find*irregardless*to be a nonsensical word, as the*ir- prefix usually functions to indicate negation; however, in this case it appears to function as an intensifier. Similar*ir- words, while rare, do exist in English, including*irremediless*("remediless"),*irresistless*("resistless") and*irrelentlessly*("relentlessly).

Is*irregardless*slang?

We label*irregardless*as “nonstandard” rather than “slang.” When a word is*nonstandard*it means it is “not conforming in pronunciation, grammatical construction, idiom, or word choice to the usage generally characteristic of educated native speakers of a language.”*Irregardless*is a long way from winning general acceptance as a standard English word. For that reason, it is best to use*regardless*instead.

First Known Use of*irregardless

1795, in the meaning defined*above

History and Etymology for*irregardless

probably blend of*irrespective*and*regardless



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[Gusturd]

All these tax loving, Gov't worshippers responding are approaching it from the business angle. I assume many of them sell cards for a living. That's fine. They should pay their taxes. What about the collector?

What this does is it takes something that was a fun hobby and turns it into a business for everyone. I buy and sell cards all the time. Sometimes I'll buy a card and then turn around and sell it a few months later because my interests change, I find an upgrade or I just want the money for something else. Many different reasons. How many collectors have an accountant to keep track of their baseball card purchases?

[notfast]

Glad to see everyone here is on the up and up. I’m sure that card you sold to your buddy for a $100 bill gets reported 100% of the time.

I’m sure you don’t go over the speed limit either.

[bnorth]

Originally Posted by notfast

Glad to see everyone here is on the up and up. I’m sure that card you sold to your buddy for a $100 bill gets reported 100% of the time.

I’m sure you don’t go over the speed limit either.

We all have our problems.

To me this is more about the guys doing bulk submissions to grading companies, having a eBay store selling cards, and using cards to make cash who DO NOT pay taxes or even have a business license. I know those that do it make nice little excuses on why it is OK. In reality they are screwing over every dealer who pays taxes and every citizen by not paying their share while using the services they provide.

[todeen]

Originally Posted by Gusturd

How many collectors have an accountant to keep track of their baseball card purchases?

My wife reminds me about every dollar I spend on cards!

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[Huysmans]

Originally Posted by orioles70

Irregardless of what you believe...irregardless is a word

In both Merriam-Webster and Oxford dictionaries...also allowed in Scrabble

https://www.merriam-webster.com

irregardless

*adverb

ir·​re·​gard·​less*|*\*ˌir-i-ˈgärd-ləs**\

Definition of*irregardless

nonstandard

:*REGARDLESSI told them that*irregardless*of what you read in books, they's some members of the theatrical profession that occasionally visits the place where they sleep.— Ring Lardner

Frequently Asked Questions About*irregardless

Is*irregardless*a word?

Yes. It may not be a word that you like, or a word that you would use in a term paper, but*irregardless*certainly is a word. It has been in use for well over 200 years, employed by a large number of people across a wide geographic range and with a consistent meaning. That is why we, and well-nigh every other dictionary of modern English, define this word. Remember that a definition is not an endorsement of a word’s use.

Does*irregardless*mean the same thing as*regardless?

Yes. We define*irregardless*as "regardless." Many people find*irregardless*to be a nonsensical word, as the*ir- prefix usually functions to indicate negation; however, in this case it appears to function as an intensifier. Similar*ir- words, while rare, do exist in English, including*irremediless*("remediless"),*irresistless*("resistless") and*irrelentlessly*("relentlessly).

Is*irregardless*slang?

We label*irregardless*as “nonstandard” rather than “slang.” When a word is*nonstandard*it means it is “not conforming in pronunciation, grammatical construction, idiom, or word choice to the usage generally characteristic of educated native speakers of a language.”*Irregardless*is a long way from winning general acceptance as a standard English word. For that reason, it is best to use*regardless*instead.

First Known Use of*irregardless

1795, in the meaning defined*above

History and Etymology for*irregardless

probably blend of*irrespective*and*regardless



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Just post the most relevant part next time...

"*Irregardless* is a long way from winning general acceptance as a standard English word. For that reason, it is best to use *regardless* instead."

[Fballguy]

Originally Posted by Huysmans

Just post the most relevant part next time...

"*Irregardless* is a long way from winning general acceptance as a standard English word. For that reason, it is best to use *regardless* instead."

Somebody skipped Change Management training.

[OldSchoolBaseball]

Yes, I agree pay your taxes on your net earnings.

What I have never understood is why something needs to be taxed more than once (sales tax). If its new, yes, tax it initially. But when its resold and resold and resold again (like cards on ebay), sales tax should be excluded because that item was already taxed. This is always a complaint of antique store owners.

sales tax rant....sorry

[doug.goodman]

Originally Posted by Bobbycee

Or, just maybe, some of us are way past tired for getting hit up again for more taxes. You ever think of that? I pay more than my fair share of taxes but am sick and tired of politicians of finding new ways to hit us up for more.

You're not getting hit up again for more, you are getting hit up again for those that you already owe but evidently have not been paying.

Doug "pay your damn taxes and shut up about it" Goodman