Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
I know you're desperate and all, but good grief are your posts getting more juvenile. Let the adults talk now, ok. The IRS, law enforcement, etc. recognize that a person is not purchasing something for $200 and selling it for $200 over and over and over. Used items fetch less in 99% of all cases. Buy an Apple Watch and sell it on Ebay, you will get less for it because it is used. If it costs the same, the person will simply buy a brand new watch from Apple.There would be a digital transaction of her buying something for that $200. Where is that transaction, dimwit? You don't understand auditing at all, do you?How is she going to avoid paying taxes on in it?
She bought something for $200, she sold it for $200. No gain, no tax.![]()
There would be a digital transaction of her buying something for that $200.
There is a digital transaction for everything you own? Everything I own?
So now you're going to play this juvenile, disingenuous game because you've been proven wrong and your ego is too big to admit it?So to recap: it is your position that we can eliminate all but a single $1 bill from our economy
How do you eliminate all that currency?
It was a hypothetical. You made an outrageously ignorant claim that removing currency from our economy has no impact. I had to dumb it down to your level and give a hypothetical. The fact is, that hypothetical gave you no where to run with your idiotic position and now you're left just being an ass because of your fragile ego.
The indisputable, undeniable reality is: removing currency from an economy has a major and very detrimental impact on an economy. It's how nations engage in economic warfare on each other.
And THAT is an accomplishment.Holy shit...How does removing currency empty the bank accounts, twit?
(Psst...stupid....bank accounts hold currency. Not sandwiches. Currency)
If you think your bank account holds a stack of $20s (that's currency, twit) you're dumber than you first appeared.
Both eBay and the IRS disagree with you, snowflake.You poor, poor little dimwit.How do you figure, sparky? That income is now on record.
People don't sell stuff on EBAY at 2:00 AM?
Understanding Ebay Taxable IncomeThe IRS rules are clear: you must pay taxes on all personal and business income and that includes money you make selling on Ebay.
Taxable income is not sales revenue.
Yeah...it's just been going on for hundreds of years. The U.S. has done it to other nations. Other nations have done it to the U.S. But you just keep on being a blind, deaf, and dumb liberal who believes all nations are holding hands and singing kumbaya.I wouldn't say your stupid claim that, "foreigners are gonna screw with our economy by taking out our currency and dumping it back in" was disingenuous, just ignorant.
Both eBay and the IRS disagree with you, snowflake.You poor, poor little dimwit.How do you figure, sparky? That income is now on record.
People don't sell stuff on EBAY at 2:00 AM?
Understanding Ebay Taxable IncomeThe IRS rules are clear: you must pay taxes on all personal and business income and that includes money you make selling on Ebay.
Taxable income is not sales revenue.
Your sales revenue minus your legal deductible expenses equal your taxed revenue.
Yeah...it's just been going on for hundreds of years. The U.S. has done it to other nations. Other nations have done it to the U.S. But you just keep on being a blind, deaf, and dumb liberal who believes all nations are holding hands and singing kumbaya.I wouldn't say your stupid claim that, "foreigners are gonna screw with our economy by taking out our currency and dumping it back in" was disingenuous, just ignorant.
Even a blind jackass finds tbe occasional feedbag.Both eBay and the IRS disagree with you, snowflake.You poor, poor little dimwit.How do you figure, sparky? That income is now on record.
People don't sell stuff on EBAY at 2:00 AM?
Understanding Ebay Taxable IncomeThe IRS rules are clear: you must pay taxes on all personal and business income and that includes money you make selling on Ebay.
Taxable income is not sales revenue.
Your sales revenue minus your legal deductible expenses equal your taxed revenue.
Your sales revenue minus your legal deductible expenses equal your taxed revenue.
Excellent! My mocking of your ignorance has led you to a tiny nugget of knowledge.
Which still have recorded transactions which I am sure could be subpoenaed And jow do you purchase them without cash?my problem with cashless is that cashless eliminates privacy in purchases .
Prepaid debit cards.
Which still have recorded transactions which I am sure could be subpoenaed And jow do you purchase them without cash?my problem with cashless is that cashless eliminates privacy in purchases .
Prepaid debit cards.
What recorded transactions? No personal information is given when buying or using prepaid debit cards.
Costs a lot of money to make cash. Current 2017 operating budget is 726 million.
The Fed - FAQs
I've been going cashless for several years. Pretty much inevitable as money is nothing but a made up point system anyway.
And how do they find out what I sold Petro when he wires me $400 in PayPal? Enlighten us chief.
If a prostitute used PayPal, it ruins your original claim....
It almost immediately eliminates criminal activity. Without cash, one has to explain transactions. A prostitute must explain why she had a transaction at 2:00 a.m. when she is not employed.
Which is why it eliminates drug trafficking, gambling, prostitution, etc.my problem with cashless is that cashless eliminates privacy in purchases .
Which still have recorded transactions which I am sure could be subpoenaed And jow do you purchase them without cash?my problem with cashless is that cashless eliminates privacy in purchases .
Prepaid debit cards.
What recorded transactions? No personal information is given when buying or using prepaid debit cards.
If they're going to eliminate cash, in order to "end all criminal activity", you'd better believe they'll trace the card you bought with the card in your name.
Which still have recorded transactions which I am sure could be subpoenaed And jow do you purchase them without cash?my problem with cashless is that cashless eliminates privacy in purchases .
Prepaid debit cards.
What recorded transactions? No personal information is given when buying or using prepaid debit cards.
Unless they are small cards, large cards they do require info, in case of loss.
Unless they are small cards, large cards they do require info, in case of loss.
You seem to be missing the point. I can slap down a card and pay for it with cash in the required amount. The cashier will happily ring it up with no info required.
You can register the card online IF YOU SO CHOOSE. There is no obligation to do so. The card is like cash in the sense that there is no record of ownership.