this post was submitted on 24 Sep 2023
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Already paid tax thing is not applicable, it's literally how taxation works. The government gets their share at each point. Everytime a taxable good changes hands, with exception, the tax is applied again.
I know that's how it works. I'm complaining because the way it works is bullshit.
Well taxation is completely necessary unless you have a steady stream of cash flowing into the government from another source, which almost no country has and no country will have indefinitely.
We can argue about rates and cut offs but taxation in general is not a bad system
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.
You should not be paying tax unless you turned a profit on the sale.
You're right but, If you bought the bike years ago there's a strong chance you no longer have the receipt/invoice.
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.
I've been audited. It wasn't that difficult and I didn't need every last individual scrap of information