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[–] 10 pts

The death of Ebay. What about foreign sellers?

[–] 4 pts

eBay has been slowly peeling it's skin off for almost two decades now. There was that brief time after they started that it embodied the culture of the web's immense reach, then they started fucking with the system.

I gave up being a seller in 2006.

[–] [deleted] 2 pts

Yea 98 to about 2002 were good years to be an ebay seller

[–] 1 pt

That's when I made most of my sales. Used to sell surplus electronic components, but things started to get weird about the time you say.

[–] 1 pt

I bought a lot on ebay, but after selling a used guitar one time I gave up.

[–] 0 pt

eBay still is decent enough for buyers. For me, at least, it's the easiest way to get allotments of odd electronics components that wouldn't otherwise be on the market, or would be there at high prices. It's also a great place to get things like OEM branded laptop chargers and other parts that would cost a lot through a retail distributor.

Unless you're a high volume seller these days, eBay doesn't need you.

[–] [deleted] 2 pts

Every thing for sale! Only 5 easy payments of $599.00

[–] 5 pts

No trusted sellers or buyers as everyone will use burner accounts.

I recently bought things on eBay. Whether I trust someone or not is based on where they live. So far, so good.

[–] 0 pt (edited )

This would be a good time for a third party website to allow reviews of buyers and sellers. You could also integrate product reviews with it. Amazon reviews have gone to shit since everyone knows how to game the system. You could then differentiate between the ebay seller and the product ebay was selling. Make it work with amazon, ebay, newegg, sears, walmart, and other large third party seller websites. Could eventually add in functionality like camelcamelcamel for price history. Then burner accounts across multiple sites could all be associated to one master account.

[–] 1 pt

The IRS likes to call that structuring, and they require businesses to report that sort of thing.

[–] 1 pt

"Uh oh, the deposits I'm doing might look like structuring. I had better structure them to not look like structuring. Oh shit, now this is real structuring."

They get you either way.

[–] 0 pt

You would have to spread those payments out over years to never go above $600 / yr.

[–] 0 pt

No it’s selling over $600 of product in total.

$2 for this $10 for that $3 for those

If the total is more than $600 they freeze your account.

[–] [deleted] 3 pts (edited )

They count it as income, but it's money you recovered a small percentage of from selling an item you paid sales tax on to purchase, when you spent the money you'd been taxed on when you earned it to effect that purchase. How the fuck does selling our used shit count as "income?" It is neither Wages, Tips, nor Other Considerations.

Even a Retailer only pays taxes on the profits after counting expenses, but this rule counts the entire sales price as Income? Also, the Buyer is already paying State sales tax if applicable. This is Bidenomics at its finest.

[–] [deleted] 2 pts

Yeah, anything you sell for less than you paid for it is non taxable, this is a stupid plan, but then again, eBay is a piece of shit company anyway

[–] 2 pts (edited )

It's about controlling alternative forms of income. Especially if off the books.

[–] 2 pts

They really want to kill everyone's smallest chances of making money on their own, you will work for a big corporation, eat bugs, have no car, rent everything, and "be happy". Fuck these people so much.

[–] 2 pts

ebay died when they dropped PayPal as their main payment processor.

[–] 2 pts

PayPal is a dinosaur and will be extinct soon

Isn't paypal Mastecard now?

[–] 1 pt

Negative, PayPal is partnered with them though so that they can issue cards that use MasterCard's network so their customers can access funds in their PayPal accounts. This is part of why I think they're a dinosaur - that should have developed their own payment network similar to Visa / Mastercard / AMEX a long time ago but still refuse.

In my reply to the other commentor, I also pointed out that they're 8 years behind on crypto too. If they don't find a way to get ahead ASAP they're gone.

[–] 0 pt

You're wrong about that because they've adopted crypto investment for users in 2020 and started accepting crypto for payments last year.

[–] 2 pts

So only 8 years behind on crypto and just in time to catch it die out

[–] 0 pt

Paypal sends you a tax form if your spend more than $600 a year now. They’ll get you either way.

[–] 0 pt

Well, there goes Ebay

[–] 0 pt

>implying ebay didn't go to shit years ago with their absolutely insane scammer-focused buyer-focused refund policies

[–] 0 pt

That's stupid I could sell a laptop for $800 and owe no taxes on account of losing money in the transaction.

[–] 4 pts

This doesn't have anything to do with taxes. It's about tracking sales and purchases. It's also about creating a vulnerable third party for the great credit reset. The one that will happen with the fully digital currency and new ID system.

[–] 2 pts

Well 600 is the threshold for a 1099 and if eBay doesn't issue them they would not be able to write off the payment they make to the sellers who cross that threshold. But also the other things you said.

[–] 1 pt

Now you get the joy of wondering if the IRS will audit you and ask for the proof that you don't owe taxes.

[–] 0 pt

Could someone have been using eBay unscrupulously for money laundering? Hey, I have this rock but it’s $400 bucks. Someone pays it to launder.

[–] 0 pt

It's to get all those awful citizens who don't pay their fair share of taxes on sales of things they paid more for than they sell for.

[–] 0 pt

Bring On the lawsuits!

[–] 0 pt

Isn't a social security number supposed to be private? They can fuck off.

[–] 0 pt

Ebay's been dying for years. It's simply a war on small business.

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