Now e-Bay wants my SSN and bank account info . . .???

[jnantz]

people refused to pay "use tax" , I think it's funny it took the feds 20+ years to figure out a way to do it.

[Tin Can]

My last accountant had me pay Use Tax for years

The way she figured it, it was not that bad

So it goes

people refused to pay "use tax" , I think it's funny it took the feds 20+ years to figure out a way to do it.

[domaz]

Reads like the intent is to crack down on 'flippers.'

Flipping has become pretty rampant lately in just about every category. Thrift stores with anything but just junk are a distant memory, as are second tier retail shops like TJ Maxx. Bots buy all the new electronics first so they can resell them at a profit. I understand the economic motivation but I won't be real sad if flipping is taken down a notch..

[drj52]

Flipping has become pretty rampant lately in just about every category. Thrift stores with anything but just junk are a distant memory, as are second tier retail shops like TJ Maxx. Bots buy all the new electronics first so they can resell them at a profit. I understand the economic motivation but I won't be real sad if flipping is taken down a notch..

A big chunk of the business on sites like eBay has always been flipping. More stringent selling rules may have reduced the number of people selling their personal stuff, but that was never a big component in terms of dollars.

[Chuck Pere]

I see that the IRS has delayed this part of the law: https://www.cnbc.com/2022/12/23/irs-...-payments.html

Maybe that $600 threshold will be increased to something higher.

[HMG]

Seems to be often the case. Old reg was too lax, new reg was too restrictive. Perhaps they'll settle into something more reasonable.

[Tin Can]

Too quick enactment

Next year plan for it, in 3 days....

I would love to see more traditional barter, swap meets in person

Paper money has a good feel

In the 80's serious buyers had armed bodyguards handcuffed to a briefcase, with backup, wearing suits

and get there before they open, as the real action is right now

[domaz]

Too quick enactment

Next year plan for it, in 3 days....

I would love to see more traditional barter, swap meets in person

Paper money has a good feel

In the 80's serious buyers had armed bodyguards handcuffed to a briefcase, with backup, wearing suits

and get there before they open, as the real action is right now

The old days of swap meets aren't coming back I'm afraid. Some of the things we sell are too obscure for even regional buyers to care much about and pay what they are worth. I'm glad we are no longer in a world where we have to carry around mountains of cash either...