mam98031 • Volunteer Community Member • Buyer/Seller since 1999
penguins_dont_fly is a Volunteer Community Mentor
@nadiadragon wrote:
I think everybody is missing the POINT being made here
Here is the math
You sell something for 100 bucks
IL has almost 10% sales tax - so ebay charges your buyer 110 for total transaction (i am not adding shipping - assume free shipping)
So, before - PP would charge you -the Seller - 3% or $3 - so you get net 100-3 =97 in your PP trans
NOW,
PP charges you 110 *3% = 3.30 - 30 cents more - you get in your pocket 110-10 -3.30 = 96.70 - so you are paying trans fee on $10 tax that is not in your pocket, but gets remitted to buyers state. So why is seller carrying a cost of sales tax processing? Not PP, Not Ebay, not the states - BUT you the silly poor seller - paying shipping fees, ebay fees, pp fees, and now sales tax fees?
This is the point the poster is trying to make. Go on - see your pp trans math - am i wrong?
I think you have misread some stuff on this thread. The point you are making is lost on no one. We all understand and we all agree. I doubt anyone likes being responsible for the additional fees. But I assure you that is not the only point that the OP is trying to make. It is just one of a few.
If that was the only point, there wouldn't be so much back and forth with the OP. But if that is the only thing you got out of the posts, I don't understand why. Much more has been said.
@nadiadragon wrote:
You are missing the point again
You already pay PP fees for trans processing, why should you pay more fees on sales tax?
PP should calculate the PP fee on the trans amount before tax - not add trans amount and sales tax and charge you seller MORE because of the sales tax amount
This has NOTHING to do with economics or finance but simple MATH
Again, no one is missing this point.
PP has ALWAYS charged their processing fee on the total amount received. They do not distinguish between what the different charges might be, it is just on the total amount received, period. PP is the money processor and they have no responsibility to take on the Sales tax liability or to process the money for free. Their job is the money processor and that is what we are paying for whether we like it or not.
Just like when any of the sellers in the 38 states that now have MFLs. In the years before MFLs when those seller charged their buyers sales tax for sales within their state of nexus, the sellers paid PP processing fees on those amounts received.
The ONLY difference now is that the money received for sales tax in the 38 states that have MFLs, the money is immediately transferred back to Ebay for processing to the individual states as their state laws require.
@nadiadragon wrote:
Ha ha
I have ADD and autism a bit - i can't read the whole thread - i read most of it in 3 mins
My point is - teaching finance and economics is good but you gotta pay college tuition - basic MATH problem and scam here - and basic math is taught in kindergarten
Then you shouldn't be telling us that any of us are "missing the point" if you are not even taking the time to read what is contained in the thread. There is no "scam" here. And those that think there is just don't understand the facts of the conversation.
@the*dog*ate*my*tablecloth wrote:I think they should teach basic life skills like finance and accounting in mandatory high school classes. They’re far more useful than advanced math to most people.
Civil communication would be great to add to that.
@chapeau-noir wrote:@mam98031 Are our blank posts attempts to somehow address this latest silly twist on this silly thread without being too sarcastic? Are we just not 'quick thinkers'? Or is it just the invisible ink emojies (what happened to me)?
I'd like to think it is an artistic reflection on the "absence of rational thought" expressed here ... or maybe the blank mind required to keep responding ... ohhm ...
🙂
@chapeau-noir wrote:@mam98031 Are our blank posts attempts to somehow address this latest silly twist on this silly thread without being too sarcastic? Are we just not 'quick thinkers'? Or is it just the invisible ink emojies (what happened to me)?
Mine was simply a change of mind. After I posted my remarks, I decided it wasn't something I wanted to do. There wasn't anyway I was going to be able to get them to realize the actual facts. So I deleted the post.
