(Topic ID: 233111)

2019 New Pinball purchase will be taxed.


By mnpinball

1 year ago



Topic Stats

  • 586 posts
  • 154 Pinsiders participating
  • Latest reply 7 months ago by SadSack
  • Topic is favorited by 19 Pinsiders

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    Topic index (key posts)

    8 key posts have been marked in this topic

    Post #297 Comments from a distributor. Posted by KingPinGames (1 year ago)

    Post #304 More info from a distributor. Posted by KingPinGames (1 year ago)

    Post #355 Economic nexus test, uses Louisiana as an example. Posted by iceman44 (1 year ago)

    Post #415 Comment from distributor. Posted by Gexchange (1 year ago)

    Post #465 State by state tracker. Posted by flynnibus (1 year ago)

    Post #505 Some expierence for 2019 and suggestions. Posted by Pinzap (1 year ago)

    Post #513 Break down of thresholds state by state Posted by Hemispheres (1 year ago)


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    #101 1 year ago
    Quoted from PinDeLaPin:

    This statement is the exact reason people from other countries don't seem to understand. When you charge more money to consumers for the same product you will have less buyers for that product who will then go spend those dollars on lesser priced or lesser taxed items.

    When taxes go up, buying power goes down.

    I can't imagine what it's like in the EU with the VAT at 20%. When I see European visitors here in the US, they go completely bananas buying stuff (especially clothes) since the taxes are much lower here in the US when compared to Europe.

    Quoted from rogerdodger:

    The new taxes will absolutely increase the value/price of private party pin sales on the secondary market.

    Not necessarily. A tax does not technically increase the value of something. It's just an extra expense and artificial increase. Whenever I see tax tacked on to a purchase, I have to figure that into the total amount that I'm actually willing to spend. I've walked away from many purchases just because the cost was too much with tax added into the total.

    Quoted from barakandl:

    I sold something on eBay to a person in Washington state (i'm in Ohio) and eBay hit them with a tax. It was $10.80 tax on a $120 item. First time i have seen it.
    ebay.com link[quoted image]

    I've had it happen to me once as a buyer when the seller was in the same state. Cost me an extra $20. Blech.

    Quoted from flashinstinct:

    I guess it boils down to a different point of view. I pay taxes for things happening all over my province for the betterment of all citizens that live in it.

    That's of course assuming your dollars are spent wisely.

    Personally, I'd rather have the buying power. The way I see it, it helps the economy in a more direct way. I've never seen a tax increase actually help boost sales. Typically they do the exact opposite.

    #103 1 year ago
    Quoted from HighVoltage:

    Time to go into the shipping depot business. The virtual population of these states are just about to jump! Okay, nobody lives around Montana...

    A a good number of exotic car purchases in Georgia were facilitated through LLCs in Montana until a crackdown recently.


    #163 1 year ago
    Quoted from greenhornet:IRS code section 183 contains 'hobby loss rules' which require the taxpayer to show/meet guidelines of a profit motive in order to prevent the writing off the personal expenses of a hobby under the guise of running a business.

    Some additional info:

    https://www.irs.com/articles/tax-tips-people-who-earn-income-hobby

    #201 1 year ago
    Quoted from Zablon:

    Typically when people take that stance I suggest they are free to pay double because Uncle Sam won't turn them away.

    You could point them here:

    https://www.pay.gov/public/form/start/23779454

    https://www.treasurydirect.gov/govt/reports/pd/gift/gift.htm

    https://fiscal.treasury.gov/public/gifts-to-government.html

    They are welcome to make a donation to the government.

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