Sales Tax?

[Taxman]

Individual to individual trades could fall under the "casual sale" transaction and thus sales/use tax would not be due.

[Bigb13]

Originally Posted by Taxman

Individual to individual trades could fall under the "casual sale" transaction and thus sales/use tax would not be due.

Do up know up to what amount is considered a casual sale?

[calvindog]

Lots of discussion about committing tax fraud on this thread, probably not the best thing to do on a public forum.

[Peter_Spaeth]

Originally Posted by calvindog

Lots of discussion about committing tax fraud on this thread, probably not the best thing to do on a public forum.

Hysterical.

[pencil1974]

as soon as taxes start going to something useful then I'll worry about tax fraud. Since that will NEVER happen back to getting around the sales tax. I've got a buddy of mine in another state that said he'll bid for me for Heritage so I'm good there now until his state is added to the list.

[calvindog]

Originally Posted by pencil1974

as soon as taxes start going to something useful then I'll worry about tax fraud. Since that will NEVER happen back to getting around the sales tax. I've got a buddy of mine in another state that said he'll bid for me for Heritage so I'm good there now until his state is added to the list.

Good thinking. You should also keep in mind that if someone turns you into the IRS for fraud, they'll get a piece of what you are forced to pay upon being audited. You can use as your defense that taxes don't go to anything useful and you shouldn't be required to pay.

[barrysloate]

Whether or not the taxes are used for something useful is not relevant. The law says you have to pay them. When you bid, simply work that into your calculation.

[Bigb13]

Originally Posted by Bigb13

Do up know up to what amount is considered a casual sale?

Does anyone know how high you can go and still be a causal sale from person to person?

[toledo_mudhen]

Originally Posted by Bigb13

Does anyone know how high you can go and still be a causal sale from person to person?

I think it is $4.99

Lonnie (who also pays all of his due tax to the amazingly wonderful Internal Revenue Service)

[deucetwins]

How long are you put on hold before you actually speak to a live person at the IRS?

I think that the Internet truly represents (ed) a free market economy where interstate commerce is not hampered by taxes. However, I can see the states' point of view that they are not getting the revenue that is due them. Brick and mortars are at a disadvantage unless they have an Internet site. Of course it also depends on what % of their business is done over the Internet. Internet retail tax in every state will do a couple of things: 1) shrink the interstate market place back to a local market place, and 2) drive shoppers off the Net entirely. Currently in my state, it's cheaper for me to buy a book off Amazon than it is for me to go to the bookstore. When the 2 sources become the same price/tax wise, then the decision on how to buy will change to another factor.

Ok, economics gurus, please weigh in. By the way, the flat tax idea is kinda growing on me. Can't remember which candidate is pushing it though.