Re: Amazon to Ebay Sales Tax Question
Just wanted to be sure you don't make a terrible mistake with the taxes.
I often wonder how people profit at the price they are selling product.
On the other hand, I once walked into JC Penny in February and they had surplussed / clearanced all the winter gear. I bought kids long sleeve dinosaur and character shirts for $2, and ended up reselling them at below list price for $16/18/20 per.
I bought nearly 1000 of them over the next several days at every store in town, sometimes I had two shopping carts full at a time, and it took an hour just to ring them up. The clerks thought I was crazy!
I had to hold most of them until the following winter, but they all sold.
One year in Walmart in the fall they clearanced girl's 2-piece Spongebob swimsuits, they marked them down to $.60 each, I went to every store in town and bought several hundred of them, sold them for close to the regular price of $12 each the next spring / summer.
A lot of people make a great living at this kind of retail arbitrage.
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