re: The IRS is coming for your Venmo income

quote:

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"Money" is taxed constantly, the argument it has already been taxed is specious. The point a sale is made is a taxable event. If there is no profit there is no tax owed.

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I wasn't exactly arguing the idea of money being constantly taxed. I do understand this and am not complaining.

My point was a response to someone alluding to the idea that we are somehow not wanting to pay taxes. I am happy to pay all the taxes. I just don't want to have to file IRS if I don't even meet the minimum. I would still like to sell a few items.