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Old 04-08-2016, 12:27 PM   #1
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Tax makes no sense at all?

What is the point of selling high level cards when you lose so much of your profit due to tax. I mean some cards it can be 7-8 thousand stubs..
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Old 04-08-2016, 12:32 PM   #2
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Re: Tax makes no sense at all?

Quote:
Originally Posted by CloudCrew1992
What is the point of selling high level cards when you lose so much of your profit due to tax. I mean some cards it can be 7-8 thousand stubs..
I would not buy anyone right now that is that high. There is no way that someone like Trout will be 100k in a month. When i started last year in May, i think he was in the 30-40k range. Maybe he wont go that low but i cant see him staying anywhere close to 100k. And all of these games have tax but it is still easy to flip and make stubs
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Old 04-08-2016, 12:36 PM   #3
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Re: Tax makes no sense at all?

I pulled a Kershaw last night and im gonna list him when the time looks right but the tax just to sell is almost 10K follow that with trying to beat other sellers prices can really add up.
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Old 04-08-2016, 01:19 PM   #4
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Re: Tax makes no sense at all?

#firstworldproblems
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Old 04-08-2016, 01:28 PM   #5
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Re: Tax makes no sense at all?

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Originally Posted by BlessingSpore72
I would not buy anyone right now that is that high. There is no way that someone like Trout will be 100k in a month. When i started last year in May, i think he was in the 30-40k range. Maybe he wont go that low but i cant see him staying anywhere close to 100k. And all of these games have tax but it is still easy to flip and make stubs
At no point was Trout ever 30-40k last year.
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Old 04-08-2016, 01:33 PM   #6
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Re: Tax makes no sense at all?

Quote:
Originally Posted by mikeq672
At no point was Trout ever 30-40k last year.
Cheapest I ever saw Trout sell for last year was in the 70k range and that was while the market was in a crashed state.

30-40k? Absolutely never.
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Old 04-08-2016, 01:37 PM   #7
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Re: Tax makes no sense at all?

In like the beginning of this year in Jan, you could get trout for that much, but thats the only time. He was always around 70-90. i sold mine for 89 last year in like June.
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Old 04-08-2016, 02:05 PM   #8
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Re: Tax makes no sense at all?

Quote:
Originally Posted by CloudCrew1992
What is the point of selling high level cards when you lose so much of your profit due to tax. I mean some cards it can be 7-8 thousand stubs..
There is a point its to balance the market all games have it. Without a tax the market would crash because flipping would be super easy and cards would lose value real quick

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