Why aren't you making money with the eBay affiliate program? (you should be)

Hello all,

I am looking for a JV for my EPN / Clickbank or Offervault with it being a 50/50 profit share and 50/50 sites ownership.

I have limited funds ($50) unlimited hosting and i am a very hard working and honest guy, once we set these sites up i will keep them running nicely and improving them regularly.

I also have an eBay Powerseller account and i am currently using Amazon to supply some products for this account, i just did 10 as a test and i sold 6 items in a week but the problem is the small profits so i will hit the £80,000 limit and will have to pay UK VAT which would kill this dead with about £5000 profit for £80,000 turnover then this system is hovis because all profit would be eaten by eBay and the greedy taxman.

I also have a really nice looking original website that i had developed on Magento that goes with my eBay shop/profile.

I really am quite desperate and everything on the internet is starting to seem like a massive turd but deep down i know there is a way to make this career move work and i can't give up.

The EPN would be my first choice really but i am open to suggestions.

Cheers for reading............