Naw, Nightie - you're welcome to loose all the money you can afford and then some. That's not what what'll do you in.
It'll be the clearly illegal mode of bying things under the color of being for "business use" when it has clearly been converted to personal use.
There are lots of ways that state tax folks have of getting information - for example from jealous neighbors, unhappy competitors, ticked off web site hosts when you don't pay your bill (or sometimes even when you do) and even teed off ex-spouses ... just for starters.
Of course you're too fine to have any of those we know, but why don't you just do the same thing now and earn both a greater marginal rate and a lesser chance of detection? Hmmm! Maybe you do - izzat how you came up with the idea or did Looey sell it to you as one of his TP schemes?
I doubt it but if you are not operating with a profit motive, which is what it appears to me, then you loose your exemption.
Do you have any idea how many people actually make a living doing something similar to what I described? These are just individuals working out of their homes. Some of them earn well into the 6 figures on Google ads alone. Is the government going to tell me I can't do the same?
Did you read anything I wrote? If they are making money its a business with a profit motive and result..
So much for freedom. Darn.
So much for your spin LOL..
Chew on this for awhile:
The FairTax, Tax Evasion, and the Underground Economy
http://www.fairtaxvolunteer.org/smart/under_economy.html