Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?

To: tiquer who wrote (76)	9/17/1998 3:48:00 PM
From: Zena	Read Replies (1) \| Respond to of 7772

I absolutely agree with you that it is very silly of people not to think of sales tax etc. But I honestly feel that when some people start selling on eBay they don't really consider what they are doing and might be very surprised down the road.

To: tiquer who wrote (76)	9/17/1998 4:41:00 PM
From: John Liu	Read Replies (1) \| Respond to of 7772

I think currently many of the things being sold on ebay don't even cover the sales tax. Seller(Professional not people selling own stuff) probably thinks that if they can move enough of XYZ at only a 5% margin then they can still make good money. And pretty sure that many do not have the products yet and will only buy them when auction almost over or else is drop shipping them from other companies. Anyone have any thoughs on the large number of people(sellers and buyers) that have made a living off the sale of Information(Free Cable, Drop Shipping Sources, CloseOut Sources, Bennies.....).The margin if it works are huge since the only major costs are the CD or disk and the marketing costs(beside buyung information). John

To: tiquer who wrote (76)	9/19/1998 1:15:00 AM
From: Doug Fowler	Read Replies (1) \| Respond to of 7772

It seems like a big deal is being made about this sales tax issue. It only affects a small percentage of sales, since you are required to collect a sales tax only when you sell to someone in your own state. As a matter of personal preference, I tend NOT to buy items offered in my state to avoid the whole mess. It is up to the BUYER to pay sales tax -- now that is where the cheating is going on and has for some time, not just on eBay, but in all of mail order. When those laws change, THAT will have a big impact on eBay.