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If you get too good of a deal you have to pay income tax on the difference paid vs. the value
Are you referring to the legal requirement to pay sales tax for online purchases where the tax wasn't collected at time of purchase? True. And we all do that, of course...
He's talking about how if you buy something for say $100 but it's worth $10,000, the IRS is going to want their cut.
You're talking about state use tax which is akin to sales tax.
I actually know a dude who has sent in state use tax.
Moral of his story: If you're at a party talking about how you make shopping trips to Oregon (no state sales tax), make sure that person you just met isn't an auditor for the Washington State Dept of Revenue.