3 ms·
The sales tax loophole made eBay and PayPal into mega corporations as well, especially at various times over the past 2 decades. At one point in time Amazon was
by gosub100 2y ago
The sales tax loophole made eBay and PayPal into mega corporations as well, especially at various times over the past 2 decades. At one point in time Amazon was growing because of book sales. That era is long gone. Their business model is one of exploitation. Of both employees, local governments, and to some extent their own customers due to their lack of action against counterfeit merchandise sellers.
- Alupis 2y ago> The sales tax loophole made eBay and PayPal into mega corporations as well Your logic is severely flawed, as previously pointed out. Every single webstore that existed back then would be the size of eBay, PayPal, Amazon, etc. Yet, very few are. The lack of tax collection by a webstore has absolutely nothing to do with a couple examples of extreme success. Perhaps you should consider the companies you are using as examples. What sets them apart from the countless smaller, less successful companies out there? They were the first to do something new that literally changed the world. Online auctions from anywhere in the world, online payments from anyone to anyone, virtually unlimited product inventory and choices, etc. That is why those companies are huge - not because they didn't collect taxes for some state a customer lived in. > Their business model is one of exploitation. Again, fundamentally flawed logic. As an employee, you literally sell your labor/time in exchange for money. You literally have the power to choose how much you are willing to sell your labor/time for. This fictitious narrative of exploitation requires quite a mental leap and assumption people have zero other options but to work for $COMPANY. If you worked for Amazon and felt you were underpaid - quit and get a different job. It's literally that simple.
- deleted 2y ago[deleted]