- May 29, 2007
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Senate Housing Bill Requires eBay, Amazon, Google, and All Credit Card Companies to Report Transactions to the Government
BTW, how many times do they think they can keep taxing the same dollar you already earned and payed tax on and still expect that same dollar to be worth anything when you try to spend it again? Ultimately, this is what this tax part boils down to. The congress is ONCE AGAIN not serving the best interests of the voters who put them in office on this bill, as usual.
They are not so much interested in the fact you are most likely only reselling personal items you already paid tax on your income to buy initially (like reselling used and unwanted items on Ebay) or you already had to pay tax on at the state or local level to purchase. And most likely a large Ebay powerseller is ALREADY incorporated and paying business and personal taxes! This is merely used as a false justification to try to get this added at the last minute and this sweeping credit card tax bill passed in an unrelated housing bill. How typical of congress lately. But this is the ridiculous crap these congressional tax peddling shysters want you to think is the "real reason" for this hidden rotten pork in this unrelated bill they want to sneak by us.
The credit card reporting part they attempted to hide in this recent rotting pork bill about housing legislation is really about one thing.
What they really want is to track EVERY CREDIT CARD TRANSACTION into a CENTRAL GOVERNMENT DATA BASE without any VALID OR CREDIBLE JUSTIFICATION for doing it. They want to know exactly WHAT EVERYONE is buying and selling so they can feed that purchase data into a massive data base and forward it to other government agencies. Then they can play go fish for a possible "terryist" or use it against you later without any reasonable probable cause or justification what so ever for doing so. Do not be hoodwinked at yet another attempt to wrestle your rights to privacy away under the false notion of national security because the fed needs yet another way to tax you 1 million ways before you finally go broke from over taxation one day.
One way around this new congressional boondoggle will be a financially drained tax weary public that finally stops using U.S. companies for credit card transactions at all and instead starts using secure European companies who refuse to provide this unnecessary over accounting of all credit transactions to the privacy hating and tax hungry government. And also what's to stop the greedy fed from selling this private purchase data to private companies to devise buying habits and trends for private coporations? Not one thing, that's what. Talk about a data gold mine for big business and big government.
BTW, how many times do they think they can keep taxing the same dollar you already earned and payed tax on and still expect that same dollar to be worth anything when you try to spend it again? Ultimately, this is what this tax part boils down to. The congress is ONCE AGAIN not serving the best interests of the voters who put them in office on this bill, as usual.
They are not so much interested in the fact you are most likely only reselling personal items you already paid tax on your income to buy initially (like reselling used and unwanted items on Ebay) or you already had to pay tax on at the state or local level to purchase. And most likely a large Ebay powerseller is ALREADY incorporated and paying business and personal taxes! This is merely used as a false justification to try to get this added at the last minute and this sweeping credit card tax bill passed in an unrelated housing bill. How typical of congress lately. But this is the ridiculous crap these congressional tax peddling shysters want you to think is the "real reason" for this hidden rotten pork in this unrelated bill they want to sneak by us.
The credit card reporting part they attempted to hide in this recent rotting pork bill about housing legislation is really about one thing.
What they really want is to track EVERY CREDIT CARD TRANSACTION into a CENTRAL GOVERNMENT DATA BASE without any VALID OR CREDIBLE JUSTIFICATION for doing it. They want to know exactly WHAT EVERYONE is buying and selling so they can feed that purchase data into a massive data base and forward it to other government agencies. Then they can play go fish for a possible "terryist" or use it against you later without any reasonable probable cause or justification what so ever for doing so. Do not be hoodwinked at yet another attempt to wrestle your rights to privacy away under the false notion of national security because the fed needs yet another way to tax you 1 million ways before you finally go broke from over taxation one day.
One way around this new congressional boondoggle will be a financially drained tax weary public that finally stops using U.S. companies for credit card transactions at all and instead starts using secure European companies who refuse to provide this unnecessary over accounting of all credit transactions to the privacy hating and tax hungry government. And also what's to stop the greedy fed from selling this private purchase data to private companies to devise buying habits and trends for private coporations? Not one thing, that's what. Talk about a data gold mine for big business and big government.
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