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oldtimer

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Posts posted by oldtimer

  1. I would just go through the motions with the forms and leave it.  Only in the case of an audit will it require anything more.  The 1099 is informational not proof of taxability.   

    Given the potential nature of the subject, I suggest continuing the conversation via pm if desired.

  2. To anyone interested, instead of in the book thread, let me recommend Barry Eisler's "The God's Eye View."  A work of fiction in the action/intrigue genre, but the author gives extensive links for each chapter to real information regarding the surveillance society we live in.  Joe Bob Briggs says "check it out."  

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  3. Yes and it can also be used to coordinate with other entities who you are and what you say.  Paranoid?  Maybe maybe not.

    What if you dont have a mobile number?  Are you cut out of the "system?"

     

  4. I have been using PP with friends and family with no problems.  The last time I tried to sign in, they demanded my phone number.  So I haven't signed in lately.  They already have the bank account information, why should I provide a mobile number?  So, a heads up for hot sauce fans, of which there will be some soon, I might only take checks, or cash equivalents like MOs.  

  5. 3 minutes ago, OO1 said:

    not really ,  there is also revenue   selling used goods by flipping  for much higher prices on the web ,  and so far these sellers  paid 0 taxes  , take the example of a guy buying a pair of speakers for 6k$ at an auction then flipping the same speakers for 125k$ on Ebay  the new rules are seeking these sellers who used to  get away tax free 

    Maybe you missed my use of the word "honest."

    • Thanks 1
  6. On 10/13/2022 at 7:06 PM, Dave A said:

    Venmo is owned by Paypal too so not sure they would be any better and I would like none of my money going to PP any more.

    Venmo has been noted as not being as secure as paypal...one reason I never signed up for it.

  7. 16 hours ago, babadono said:

    I want to make sure I understand...I bought a brand new pair of speakers for $5000 with money I already paid income taxes on. I enjoyed them for 10 years. Being a normal joe wage slave I could not write off any portion of this expense as capital acquisition or depreciate any of it over the years. I sell them for $2000 to some other normal joe and the $2000 is income to me? Sounds more like I had a $3000 loss.

    To make sure you understand:  No, it is not taxable income to you.  Sales of a person's items for less than purchase price is not taxable income, per the IRS.  The real issue is that now there may be more paperwork involved to show them that fact.  Basically, it can be described as unnecessary meddling and a nuisance to the honest public.

    • Like 1
    • Thanks 1
  8. On 10/6/2022 at 7:31 PM, richieb said:

    My crowd days are over too. Jazz shows at the junior college music hall, 3-400 people. More my speed these days. But always wanting to optimize my time, I trim my toenails during the show. No one’s objected - yet.

    Oh the humanity!

    • Haha 1
  9. Of course.  Even professional critic's bears no more weight than opinion.  I thought I made it clear it wasn't a commentary on your choices, and in this thread no one needs to ask in order for people to discuss literature.  It comes with the territory.

    • Like 1
  10. I have been reading a lot this year, perhaps not quite at the relentless pace of MC, thanks to cheap Kindle books as part of prime membership.  I figure at normal prices I have made up for the prime fee on books alone.  Included have been Melville's The Piazza Tales, Dostoievski's The Brothers Karamazov, and lots of pot boiler thrillers from Konkoly, Eisler, Maldonado, Koontz, Kasper, JB Turner, Simon Gervais, Dugoni, Tigner, Bradley Wright, Zunker, Goldberg, and Andrews and Wilson.  The Bourne Enigma was the last to be read.  Currently I am reading Irish Stories and Folklore (A collection of 36 classic tales) edited by Stephen Brennan, in first edition hardback form.  The Silmarillion awaits....

  11. 1 hour ago, geezin' said:

    Give me a shout when you sell 300 million books. I'll pick one up and get back to you.

     

    How do you feel about Roger Zelazny? H.P. Lovecraft? Kurt Vonnegut? Stephen King?

     

    The consumer can be a critic without being a best selling author.  I have enjoyed the works of the others you mention.  Keep in mind I am not criticizing your particular tastes, much as I'm sure w&t wasn't critiquing those who enjoyed the Sinclair book.  As for Grisham---the lawyer as hero?  :lofr:

    • Like 1
  12. 14 hours ago, geezin' said:

    Rereading The Pelican Brief. Strange how some books just fit the times.

    Hated it.  The fieldcraft used was so laughable that it was ludicrous to think it worked as the book portrayed.  It was my first and subsequently the only Grisham novel I have ever, and will ever read.  An author needs to earn a certain amount of respect from the reader, and he failed miserably.

  13. 1 hour ago, RealMarkDeneen said:

    Yes, it is, but doesn't need to be and shouldn't be part of a healthy society. I compare sports riches to the massive distortion in our food system that has Americans consuming insane amounts of sugar. Yes, it is happening, but it doesn't have to be this way.

     

    1 hour ago, RealMarkDeneen said:

    what possible point is there to financial policy if the goal isn't "betterment of the society?"

    LOL.  What possible point?  You know the answer.

    Sure, it doesn't have to be this way, but it is.  It has been for millennia.  Ancient Rome is a good example, the entertainment of the masses is the "opium of the people," to borrow a phrase.  Keep them happy so they don't rise up in anger, it's what rulers, the ruling elite, do.

    • Like 1
  14. 1 hour ago, RealMarkDeneen said:

    ** How is it possible that the economic realm was stretched, distorted and tortured out of shape to such an absurd level that men are paid $40M/year to play a game of baseball for 6 months of the year?

    One explanation is that the supply and demand for the specifically skilled labor actually tilted in labor's favor, thanks to collective bargaining.  Human behavior enjoys the escape that sports provide, and form an identity with their respective teams, spending not only big sums on attendance (think of church goers who attend every Sunday and throw sums of money into the basket, often more than once in a 45 minute session), but even more money on paraphernalia.  Owners have managed to distort on their side public money and sweetheart deals to build massively expensive and elaborate arenas, which lines their pockets and allows for paying mega-salaries to labor.  It must also be mentioned that huge television contracts have played a role.  How is it possible that with perhaps the exception of one state, that the highest paid public employee is a college sports coach?  It's part and parcel of our society.  

    A better question might be why this escapism seems so necessary, and is so intrinsic.  It is a world wide phenomenon where only the sport changes depending upon location.

    FYI, I am a sports fan, but the riches would never happen if most fans spent as little as I do.

     

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