Subject:
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Re: Taxes from Lego auctions?
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Fri, 17 Dec 1999 14:30:58 GMT
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Viewed:
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321 times
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> > Any thoughts on this? If you would not feel comfortable replying here • since
> > the messages here are being logged then let's take it to e-mail. I'm
> > interested to hear what other more experienced people have to say.
>
> Why not feel comfortable discussing it here? This is still (at least for • us
> US residents) a free country, and talking about any darn thing we like is • one
> of the great freedoms of this country. (Follow ups on this part of my post • to
> off-topic.debate.)
Key word here is "still." I get a little paranoid (in some weird cases,
considerably) about forever etching my words on the net. There was a poll
recently on AOL about gun control. With our somewhat slanted liberal media
I had this (possibly) erroneous view that most Americans agree with what it
says. Well, with some paranoia, I made my answers to the gun control poll a
little less conservative than I would in common everyday conversation. I
was flabberghasted when I viewed the results, and thought most AOLers (who
took the poll) would consider me an all out anti-gun kinda guy. Well, those
people spoke their mind without hesitation, while I had my apprehension with
being vocal against the "voice of the media." Of course, its just a poll,
but if 95% of AOLers are against any further governmental acts of gun
control, then why is it even being considered?! So, I guess most people
"still" feel safe enough to speak their minds in this country, which is
good. Well, then again, maybe the gun advocates were the only ones who
cared enough to participate in the poll, and the only ones dumb enough to
think their answers weren't being "recorded" by someone. Still, either way,
most people don't talk about their taxes with virtual strangers... I think.
> There are a whole lot of other things to think about here like how does the
> governments announced intention to not tax the internet apply to small • sellers
> on ebay, or "Would ebay really hand over my confidential records?" (This • one
> is not as easy to answer as you might think, since ebay has a history of • both
> folding like a cheap suitcase in the face of government pressure and at • other
> times acting like they rule the world and they just could not be bothered • to
> help anyone out.). Heck, maybe the IRS has been mirroring all the closing
> values on ebay so that they would not even have to bother getting the • record
> on old transactions from ebay.
The IRS and who else?
> There really is a lot of great debate topics presented in Dan's question, • and
> I look forward to seeing what other people think about what Dan raises.
Ah, yes. Lots of great debate regarding taxes. Hasn't that topic been
worn out?
> My final words, for now, to US residents and taxpayers on this topic will • be:
>
> "We live in a great country that affords us many freedoms, maybe not as • much
> as it used to, and maybe not as much as it should, but it would not be • worth
> losing your freedom over a few bucks, and tax evasion is serious business. • If
> you make money off of your dealings of buying and selling on the internet,
> under our current system you owe taxes on your profits(income) from these
> activities, and it behooves you to get qualified tax advice from a tax
> professional to aid you with your decision."
>
> Will Middelaer
>
>
> (Please, no posts about how income taxes are illegal because the 16th
> amendment was never ratified or any of that stuff. We live within a system
> that isn't so bad compared with the rest of the world, so just relax.)
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Message has 1 Reply:
 | | Re: Taxes from Lego auctions?
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| (...) Am I right in taking what you are saying as: "technically, you may have the right to evade taxes, but you'll get in trouble and it's really much easier if you just go with the flow. After all, the government slowly stripping away freedoms (...) (25 years ago, 17-Dec-99, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: Taxes from Lego auctions?
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| (...) You can not claim the value of your own time against the transaction, but in the case listed above, you made no money so you have no income to claim. You simply sold something for the same amount that you bought it for, realizing no gain or (...) (25 years ago, 17-Dec-99, to lugnet.market.theory)
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