This is bullshit! According to NBC News, beginning next tax year, a new IRS form known as 1099-K will be sent to taxpayers who annually sell more than $20,000 worth of goods and have more than 200 electronic transactions. This not only applies to internet sales but also other areas such as garage sales and classified ads.
Are you kidding me?
I know (thanks to former Republican President and world renowned retard George W. Bush) that the United States has ran up a massive debt and that China basically owns us.
I know that at the rate we are printing new money (2 trillion dollars worth) to bullshit our way out of the recession that the dollar is about to collapse BIG time.
I know that Social Security and all of the other half-assed entitlement programs will be bankrupt soon.
I know this. Hell, we all know this!
But why this? There are so many other things the US Government could do for revenue. We could stop policing the entire fucking world for example. I mean, why the hell are we still in Germany? Why? I think we got Hitler. I’m pretty sure we won World War II. We could leave Iraq (or take some of the god damned oil Cheney said would pay for it). We could leave Afghanistan. Hell, we should just do the fair tax and abolish the IRS really, but that’s another discussion for another time.
I hate to keep beating this drum, but the big one is pot. Yes pot! Don’t act so surprised. If the US government would just legalize marijuana they’d get all the fucking revenue they’d need and they could leave my fellow Ebayers and PayPal users alone! PayPal you ask? Sorry, I neglected to mention that, according to H&R Block, the 1099-K Form will also report ALL PayPal transactions.