He wasn't buying individual books for his own use and then reselling them, he was buying by the case with the intent to immediately resell for profit.
For which he should have had a business license and pay taxes on his profits.
At least that is what I as a retailer must do.
"For which he should have had a business license and pay taxes on his profits."
Ahhh, if you make a profit, no matter if you have a business or not, you owe taxes on that profit.
In fact if you own a business most likely you will owe "less taxes" because you can usually write off things individuals can't.
posted on 10/08/2012 5:25:09 AM PDT
by Mad Dawgg
(If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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