Taxation is bullshit when it causes your standard of living to be significantly lower than it would be without taxation. I could be living comfortably right now instead of scraping by if the government didn’t have it’s hand in my pocket at every turn. Tax the people who have money to spare.
And now that I’ve typed all that I actually read the last part you said about rates and cutoffs… I’m gonna leave this here anyway since typing it got some of the angry out of me.
sudo22@lemmy.world 1 year ago
Never said it was a bad system in general. But as a normal citizen not engaging in business I think paying taxes possibly 4 times (federal income tax, state income tax, sales tax when first bought new, sales tax when sold as used) on the same item is wrong.
Squizzy@lemmy.world 1 year ago
You should not be paying tax unless you turned a profit on the sale.
sudo22@lemmy.world 1 year ago
If you bought the bike years ago there’s a strong chance you no longer have the receipt/invoice.
Stumblinbear@pawb.social 1 year ago
You won’t need that unless you get audited, which is highly unlikely unless you’re doing questionable things consistently, and even then they probably wouldn’t care enough to look into a single bike sale too deeply.