If you resold Taylor Swift Eras Tour tickets, the IRS is watching — A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty::A new rule from the IRS is punishing those who resold tickets for more than $600 in profit with a tax penalty.

  • zoe @infosec.pub
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    1 year ago

    people would downvote u with no counter-argument to present. Lemmy is full of single digit iq NPCs

    • sudo22@lemmy.world
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      1 year ago

      I think most of those people don’t understand what the $600 rule is and instead thought I was saying scalpers shouldn’t be taxed on their ill gotten profits.

      • orgrinrt@lemmy.world
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        1 year ago

        Personally I think it fair enough that government tracks larger undocumented transactions, but maybe the 600 is a bit low a threshold not to affect common people too much.

        I see your point, but I am from Northern Europe, and “governmental overreach” has a very different meaning to me than this. Especially the tracking side seems absolutely understandable for larger sums, but I am in favor of a heavy, regulating government, so I believe there are ways to make that threshold and rules as to who and why has to actually get taxed for the transaction, a fair enough and just construct among others very much needed.

        • zoe @infosec.pub
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          1 year ago

          multinationals should be banned from making subsidiaries in tax heavens (for exemple, Ireland) The Irs knows this but lobbying money prohibits them from achieving anything substiantial