[geeks] Ebay, etc to report your income to the IRS?

[Rick Hamell]

Geoffrey S. Mendelson wrote:
> http://www.freedomworks.org/newsroom/press_template.php?press_id=2571
> 
>  "Hidden deep in Senator Christopher Dodd's 630-page Senate housing
>   legislation is a sweeping provision that affects the privacy and
>   operation of nearly all of America's small businesses. The provision,
>   which was added by the bill's managers without debate this week, would
>   require the nation's payment systems to track, aggregate, and report
>   information on nearly every electronic transaction to the federal
>   government."

I'm REALLY tired of Congress issuing laws as riders that are totally 
unrelated to the actual bill being put forth.

That being said, I'm of two opinions on this. First, people SHOULD 
report their eBay (and other sources) earnings, I certainly do. But I 
don't think eBay should have to do that. Although the way they are 
screwing people over lately it would serve them right.

Maybe the IRS should figure out who the top 1000 sellers on eBay are and 
check their records?

-- 
Rick Hamell
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