Quote:
Originally Posted by 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
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I've thought the same thing about buying a used car, but unfortunately, it doesn't seem to work that way.