Legally he has to pay income tax on the net profit from the sale. It is income and therefore is taxable.
Because the Government needs money.
individual income taxes
Money that is collected by a government through various sources is referred to as revenue. This revenue is typically collected through taxes.
schools
Gradually, a middle class developed, composed of workers who built roads, collected taxes, lent money, or became merchants
Since government does not produce anything to sell, their pay has to be collected from the people they provide a service to in the form of taxes and fee's. Federal taxes are collected from corporations and individuals in the form of corporate excise tax and individual estate taxes. However, income tax collected on your wages is not one of the taxes that pays for government salaries. This tax goes only to service the debt of the money government has borrowed from the central banks or the Federal Reserve.
governor
The government on both the state and federal levels collects various types of taxes. Some common types of taxes include income taxes, which are collected based on an individual's or business's earnings; sales taxes, which are collected on the purchase of goods and services; property taxes, which are collected based on the value of real estate; and payroll taxes, which are collected from employers and employees to fund social security and Medicare programs. Additionally, governments may also collect excise taxes on specific goods such as alcohol, tobacco, and gasoline.
From taxes collected by the federal government.
the church collected most of the taxes
The Chief Collected The Taxes.
its collects taxes and sells human corps