this is the best soap opera ever! you girls keep me laughing.
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I don't supplement with ammo flipping. I just don't ***** about people making money. They are not taking advantage of anyone. They are selling a product that is scarce to people that want that product at the asking price. Did it ever occur to you that the the guys flipping were not considering people like yourself to be the "target market"? Maybe just maybe the people who have more money than sense are their customer base. You know the type. Drive around in a convertible Ferrari and leave the top down in the rain. The type that have to have anything that is scarce, at any price. If I sell something for 50X what Walmart sells it for, and someone is willing to buy it, weather they really need it or not, what's the problem? They got what they wanted, and the seller got what they wanted. For those of you that have ammo, anticipated the scarcity, would never pay more than retail, you are not the customer that the flippers are targeting. To sit by and complain because somebody is able to take their time and trade it for dollars is just simply the antithesis of an open market place. I find this entire thread extremely disappointing from what I would consider a fairly conservative crowd. I find it even more disappointing from a businesses owner. If I charge $100 an hour for my time, is that a rip off. What about $200? What about $3,000? The only people that can put a value on your time is yourself, and the people paying for that time. If you don't value your time, nobody will.
Your man is made of straw, burn it down.
I just finished my taxes a few months back. Wrote off all my gun purchases, ammo purchases and range time.
Also, I purchased some ammo from Walmart tax exempt and collected sales tax on all that ammo I sold and included it in my corporate tax return. So no, it's not made of straw. But I am sure you don't have a clue as to when you are even required to claim ammo sales as income and if sales tax is even required.
I reload, I don't need ammo. I just want some of these people to answer to the IRS for their profit. You wanna play "business owner", pay the tax.
Also, I happen to know the person you quoted. He is also a business owner and one of my customers. He pays his taxes. Even on ammo. That said, if the tax system becomes so oppressive that average people look for ways to circumvent it, then maybe it's time for a change to the tax system. Maybe some effort in that area would be a good use of time. Imagine if everyone sent 6,000 letters in a year to their Congressman and Senators.
So you do his taxes for him? You guys show each other your filings?
This is ridiculous.
You sound just like the guys selling ply wood for $100 a sheet after a hurricane, telling people they should have been ready before hand.
We happen to be good friends that talk about just about everything. Ammo, guns, taxes, business and a whole lot more. That's what people with a life do.