IRS goes after eBay

[zengrifter]

IRS goes after eBay, wants info on seller earnings

2/25/2007 8:33:15 PM, by Nate Anderson

The IRS wants its money. That's why it has helpfully assembled a list of the most common excuses people use (PDF) for not paying their taxes. In case you weren't aware of it, a claim that "the 16th Amendment is invalid because it contradicts the original Constitution, was not properly ratified, and lacks an enabling clause" won't fly with the government. In the same spirit, the government has recently been leaning on eBay to make sure that sellers are not dodging their own tax responsibilities, but eBay wants no part of the government's plan.

...more - http://arstechnica.com/news.ars/post/20070225-8919.html

[Liquid Chips]

I believe the IRS is going to learn that all them glitters ain't gold when it comes to ebay sales. Many people sell their junk to clean out attics, garages, etc., most at a loss. People who make their living selling on ebay obviously are going to deduct their costs. To think that they are going to get $2 Billion from ebay sellers is ridiculous. It will cost the government more than $2 Billion just to get the $2 Billion. What lunkheads.