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dublinben  ·  2 days ago  ·  link  ·    ·  parent  ·  post: The entirely unnecessary demise of Barnes & Noble

Starting a fulfillment center in every state doesn't let them avoid this, they're essentially surrendering. If they have to collect sales tax anyway, they may as well have nexus in all 50 states now. Once they do, they can offer better service like same day delivery, 1 hour delivery, and grocery delivery services.

dublinben  ·  2 days ago  ·  link  ·    ·  parent  ·  post: The entirely unnecessary demise of Barnes & Noble

I think that's just going to hurt small businesses with physical nexus in one state, who do some e-commerce in the rest of the country. Compliance costs will be burdensome, and the mega-competitors like Amazon and Walmart have already effectively made this change moot, by setting up same-day delivery fulfillment centers in every state.

_refugee_  ·  2 days ago  ·  link  ·  

I don’t think the existence of fulfillment centers in each state would be sufficient to avoid this tax. It wouldn’t make sense. Every other business in a state that caters to clientele in that state has to pay state taxes. In fact, from the article, state presence could require the payment of state taxes:

“ The Supreme Court ruling said states couldn’t require out-of-state retailers to collect sales taxes from consumers unless those retailers had a physical presence -- through branches, warehouses or employees -- where the consumers were located.”

So states can only require the collection of state taxes if there IS a physical presence

Or am I misreading something?

kleinbl00  ·  2 days ago  ·  link  ·  

Amazon finally agreed to pay tax in California 6 months before they rolled out Amazon 1-day. In Washington it was three months. Most analysts, in fact, saw Amazon's sales tax agreements to be predictors of where they were rolling out 1-day next The law as it exists basically says "if you've got an employee there the state can make you collect sales tax" but the law as it exists requires states attorneys general to devote resources to pursuing out-of-state companies and it doesn't pencil out. Amazon knew that building fulfillment centers would give CA and WA the ammunition they needed to make it worthwhile so they capitulated. The fact that they're now paying it everywhere is an admission that they see things going that way and it was worth capitulating for first-responder advantage.

_refugee_  ·  1 day ago  ·  link  ·  

Get ahead of it before you can get behind on it.

dublinben  ·  2 days ago  ·  link  ·  

Starting a fulfillment center in every state doesn't let them avoid this, they're essentially surrendering. If they have to collect sales tax anyway, they may as well have nexus in all 50 states now. Once they do, they can offer better service like same day delivery, 1 hour delivery, and grocery delivery services.

dublinben  ·  2 days ago  ·  link  ·  
This comment has been deleted.
kleinbl00  ·  2 days ago  ·  link  ·  

    I think that's just going to hurt small businesses with physical nexus in one state, who do some e-commerce in the rest of the country.

Why would it? If you have a physical location already, you're passing through sales tax already. Compliance costs are a lookup table and a middleman; if Square promises to provide tax compliance to all merchant accounts, Paypal, Visa, Venmo and everyone else would have to do the same.

Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming have no income tax. Their infrastructure is paid for by sales tax. Their local brick'n'mortars are being punished by not only maintaining a retail location but by having to charge customers a premium; when I buy computer stuff yer damn skippy I buy Newegg rather than Amazon because it's 11% cheaper. Repeat times everything you buy.

dublinben  ·  4 days ago  ·  link  ·    ·  parent  ·  post: You can't use Visa to buy Bitcoin, but you can use it to buy an AR-15.

You can absolutely still use a Visa branded debit card to purchase Bitcoin. This comparison is asinine, and I'd expect nothing less from the New York Times.

kleinbl00  ·  4 days ago  ·  link  ·  

That's my title, not the NYT's. Here's what the NYT says:

    There is precedent for credit card issuers to ban the purchase of completely legal products. Just this month, JPMorgan Chase, Citigroup and Bank of America banned the use of their cards to buy Bitcoin and other cryptocurrencies.

    To be clear: Those three banks won’t let you use your credit card to buy Bitcoin, but they will happily let you use it to buy an AR-15-style semiautomatic rifle — the same kind of gun used in mass shootings in Parkland; Newtown, Conn.; San Bernardino, Calif.; Las Vegas; and Sutherland Springs, Tex.

And while yo can use a debit card for now, there's nothing preventing them from changing that.

dublinben  ·  17 days ago  ·  link  ·    ·  parent  ·  post: Americans are spending less and less on clothing.

You're probably still spending "less" on clothing this way, since you're buying a smaller number of pieces that last a longer time. Fashion retailers need you to replace perfectly usable items because they're 'out of style' after a year or two.

OftenBen  ·  15 days ago  ·  link  ·  
snoodog  ·  15 days ago  ·  link  ·  

It’s true for some things, if you buy them in the right price range they basically don’t depreciate. I don’t know if it really applies to boots but I’m just hard on my foot ware

goobster  ·  16 days ago  ·  link  ·  

Yep.

Took me a long time to learn that. But it's the truth.

Buy one fine Yves St Laurent suit, and it will cost you a bundle, and last you for ever.

dublinben  ·  19 days ago  ·  link  ·    ·  parent  ·  post: Why experts are worried about Tether, a dollar-pegged cryptocurrency

You don't have to be an expert to see through this as the sham that it is. Are we really to believe that they have hundreds of millions of dollars in USD reserve? Their US bank accounts have been cut off.

Their own Terms of Service specifically say that Tether is not redeemable for USD, for goodness sake!

mk  ·  19 days ago  ·  link  ·  

Yeah, there's no reason to believe they have the USD, plenty of reasons not to.

dublinben  ·  26 days ago  ·  link  ·    ·  parent  ·  post: That time Strava gave up the locations of CIA black sites

    At the Pentagon, Manning said that he was not aware of the release of information on Strava’s interactive map resulting in any compromise of security.

They do? Doesn't sound like it.

dublinben  ·  26 days ago  ·  link  ·    ·  parent  ·  post: That time Strava gave up the locations of CIA black sites

I think this has been completely blown out of proportion simply because it lets armchair "analysts" learn about overseas bases. None of these activities will be at all hidden from people in the vicinity. It's pretty obvious if Marines have erected a blast fence around a FOB. It's pretty obvious when flights resume at a supposedly abandoned airport. None of this "intelligence" will be new knowledge to the hostile neighbors of these installations.

kleinbl00  ·  26 days ago  ·  link  ·  
dublinben  ·  26 days ago  ·  link  ·  

    At the Pentagon, Manning said that he was not aware of the release of information on Strava’s interactive map resulting in any compromise of security.

They do? Doesn't sound like it.

necroptosis  ·  26 days ago  ·  link  ·  

    But the data also offers a mine of information to anyone who wants to attack or ambush U.S. troops in or around the bases, Schneider said, including patterns of activity inside the bases. Many people wear their fitness trackers all day to measure their total step counts, and soldiers appear to be no exception, meaning the maps reveal far more than just their exercise habits.

    Lines of activity extending out of bases and back may indicate patrol routes. The map of Afghanistan appears as a spider web of lines connecting bases, showing supply routes, as does northeast Syria, where the United States maintains a network of mostly unpublicized bases. Concentrations of light inside a base may indicate where troops live, eat or work, suggesting possible targets for enemies.

You're thinking big picture. Patterns of life, places of activity, patrol routes.. All incredibly useful information. It takes huge amounts of manpower and time to collect this information, and we just went up and handed it to anybody with an internet connection

dublinben  ·  32 days ago  ·  link  ·    ·  parent  ·  post: What Will Millenials Kill This Year?

Sorry for the jargon. If you're interested in learning, I recommend reading the Bogleheads wiki: https://www.bogleheads.org/wiki/Main_Page

dublinben  ·  33 days ago  ·  link  ·    ·  parent  ·  post: What Will Millenials Kill This Year?

    What would be a better way to invest into one's retirement int the US?

A broadly diversified portfolio of low-cost index funds.

FirebrandRoaring  ·  33 days ago  ·  link  ·  

I think what you said means "You need to acquire the Financial Lingo I skill before you can continue".

That's alright. I'll get there someday.

dublinben  ·  32 days ago  ·  link  ·  

Sorry for the jargon. If you're interested in learning, I recommend reading the Bogleheads wiki: https://www.bogleheads.org/wiki/Main_Page

dublinben  ·  33 days ago  ·  link  ·    ·  parent  ·  post: GO FUND YOURSELF

I have a principled position of refusing to donate to any healthcare-related fundraisers like this. Instead, I donate money to progressive candidates and organizations that are fighting to provide healthcare to all Americans.

kleinbl00  ·  33 days ago  ·  link  ·  

I couldn't do it either. I just gave the guy money.

I'm glad you enjoyed it. Risen has also given in depth interviews recently with both The Intercept and Democracy Now if you're interested in hearing more about this from the man himself.

https://www.democracynow.org/2018/1/5/the_biggest_secret_james_risen_on

https://theintercept.com/2018/01/04/james-risen-long-fight-reporting-government-secrets-new-york-times/

dublinben  ·  51 days ago  ·  link  ·    ·  parent  ·  post: Macy's announces 5,000 job cuts, more store closures

I've never understood how department stores like Macy's are even still around anymore. What does someone go to a department store to buy?

francopoli  ·  51 days ago  ·  link  ·  

Old People. And Rich People. Through a series of poor life choices I ended up in a Macy's this week. I was the youngest person in the store not staff and at least from outward appearances by far the least wealthy.

steve  ·  51 days ago  ·  link  ·  

a suit.

mid-level jewelry.

clothes.

Honestly - I hit up a department store this Christmas and it was jam-packed. There are wide swaths of the world who don't buy some things online. There's no doubt that the tide has shifted and will continue to do so... but there are some things it is nice to go and try on before buying.

dublinben  ·  52 days ago  ·  link  ·    ·  parent  ·  post: Pubski: January 3, 2018

I tell myself that I'm too old to begin another year this way, and yet here we are again on New Years Day (what day is it?) with a hangover for the history books. Take care!

I recently read Methland: The Death and Life of an American Small Town at the recommendation kleinbl00, and can't recommend it enough. If anyone knows of a similarly excellent book about the current opioid crisis, I'd love to hear about it.

I also just finished Evicted: Poverty and Profit in the American City as recommended by Bill Gates in his year-end book recommendation list. It may be the most visceral and enraging account of poverty and exploitation in modern America that I've ever found. I'm struggling to come up with productive responses to this situation, but I'm sure some other radical hubskiers may have thoughts here as well.

kleinbl00  ·  53 days ago  ·  link  ·  

    If anyone knows of a similarly excellent book about the current opioid crisis, I'd love to hear about it.

Ooh! Ooh! Ooh! Pick me! Pick me!

veen  ·  53 days ago  ·  link  ·  

I had added The Color of Law to my reading list entirely because Gates also recommends that - somehow I hadn't added Evicted to the list. Will do that now!

dublinben  ·  58 days ago  ·  link  ·    ·  parent  ·  post: Cool folding stairs I designed

I'm sure in actual application, these will be perfectly sufficient. It's just a good idea to keep in mind the strength limitations of screws in different dimensions when building stuff that will support people.