[Milsurplus] Big Brother Comes to Our Town
Telegrapher at att.net
Telegrapher at att.net
Thu Mar 18 23:49:01 EDT 2010
We're supposed to be making money? WOW! No body told me that.
By the time i get paid back for what i have in the item and then Ebay gets their cut i'm in the hole. No wonder i wasn't cut out to be a businessman. Wonder if the gummit would subsidize me?
Larry
W0OGH
-------------- Original message from "Todd, KA1KAQ" <ka1kaq at gmail.com>: --------------
> On Thu, Mar 18, 2010 at 9:17 AM, John Hutchins
> wrote:
>
> > I am lucky to break even.
>
> You and me both, Hutch. I've been shipping out items that ended
> Sunday, one box was an $8.99 item that I charged $8 shipping for and
> it ended up costing $11.89. Working on the last one now, a 50s
> receiver which is doubled boxed with its speaker in a separate box.
> Somehow I don't think the $65 shipping fee is going to cover it.
> Fortunately I'm only selling there to help cull the herd, not to get
> rich. Try to figure just the time spent packing, if you added that to
> the shipping at a paltry $10/hr you'd get no bidders!
>
> I've wondered for a while when the IRS would pounce, mainly because of
> the high volume sellers like ebay stores or power sellers. While I'm
> sure some run it as a business and pay taxes, I'd bet a lot do not.
> Regardless of having already paid tax on the money earned to buy the
> item initially, then often on the item itself, you just know the IRS
> is going to be looking under every rock to fund the current spending
> binge in DC. Long before it became a fashionable campaign slogan, the
> IRS was using the motto 'yes we can'.
>
> ~ Todd, KA1KAQ/4
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