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Macys, and I'm done being an idiot. Rant!

And when Macy's finally fold and go into liquidation and the little children are crying and asking their loving parents "Why can't we see the Macy's parade this year Mommy and Daddy? "and the loving parents, choking back the tears themselves, have to reply that it's all because Nasty Joe Nerve wanted his 450 bucks back, you'll be hated and reviled throughout the centuries as the man who killed Macy's.....

No good trying to wriggle out of it by claiming that it wasn't just you.....The children will know....

The chaos theory isn't necessarily just a theory you know.....:mad::mad::mad:.....

;):laugh:

the children... think of the children!
 
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Have you examined any of the local/state proposals to lure that huge distribution hub?
My region is also competing and boy, are they giving away the farm. You can flat out forget about collecting any realty tax.

Macy's paid $341 million of Income tax in 2016, with total revenues of ~26 billion.
Amazon paid $412 million of Income tax in 2016, with total revenues of ~136 billion.

It's no secret that Bezos does anything within his power to avoid paying a fair share. A look to the EU's decision to fine Amazon almost $300 million for "illegal tax advantage" pretty much sums it up for me.

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I think that Amazon needs to be held to a much higher level of scrutiny that they currently enjoy.
WalMart (another favorite target of mine, but that is for another thread) paid $6.5 billion of Income Tax on revenues of ~500 billion. That's right, 16x as much as Amazon on just 4x the revenue.

Something is rotten in Denmark...

Let me offer you another way to look at it. If a business moves in and employs 50,000 people, that's 50,000 more people paying i individual income taxes. Plus, lots of businesses will spring up in the area simply to support all of those employees. Each of them will be paying real estate taxes and income taxes for the business and its employees. Restaurants, hotels, drug stores, etc. Will spring up all over the area.

Even if Amazon paid exactly zero pennies of real estate taxes and a greatly reduced corporate rate, it would still be a huge net positive for the area. So it's not exactly "giving away the farm". It's good for the local citizens in many ways. So why should they care what Amazon pays?
 
Completely off topic:

A few years ago, my mother brought my wife a Macy's bag back from a trip to New York. It was some kind of large handbag thing with Macy's logo on the side.

My mother made a point of telling her it was "the real thing" from "the real Macy's" etc. My wife just nodded and smiled (she is from a small Spanish town and has never heard of Macy's).

My wife decided that the bag would be useful for taking the towels to the beach, so it sits in a storage room full of sand and gets taken to the beach now and again :D
 
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One day we'll be thanking ME for the ending of the Macy's parade...

I love parades, and am in about 10 or so a year.

And let's not forget the Fireworks display!
I also love big firework displays. Not the do at home stuff, they can banned all that.

You want to take away my cookie also?

giphy.gif


:smug:
 
Sure.
Got any tips on where I can 'showroom'?
That's my new word of the day, by the way.

-Mike

Have you guys not heard this word before? It's standard in all the extensive discussion of the internet's annihilation of brick-and-mortar retail, including here on TB. I didn't invent it.
 
That's what Carvin's been doing with their liquidation sale. I love Carvin, wanted to buy some stuff... their "closeout" prices were higher than their regular "sale" prices.

Yep, I have always thought about picking up the MB15 extension cab for my MB12 combo, so despite being bummed about Carvin closing its doors, I was excited about the possibility of picking up one of the extension cabs...but the price just didn't look like it was much - if any - different than what it was for years.
 
Let me offer you another way to look at it. If a business moves in and employs 50,000 people, that's 50,000 more people paying i individual income taxes. Plus, lots of businesses will spring up in the area simply to support all of those employees. Each of them will be paying real estate taxes and income taxes for the business and its employees. Restaurants, hotels, drug stores, etc. Will spring up all over the area.

Even if Amazon paid exactly zero pennies of real estate taxes and a greatly reduced corporate rate, it would still be a huge net positive for the area. So it's not exactly "giving away the farm". It's good for the local citizens in many ways. So why should they care what Amazon pays?
In theory, that all sounds swell. I take it you didn't read the articles I linked? That's ok, i didn't finish them either :D but i can tell you from living in a town full of tech Fortune 500 companies that the shopkeeper catering to the 'tech Bro' world will not be able to afford to live in the same town where he operates, and any charm or individuality each neighborhood had will be razed in no time... RE: say goodbye to the artists, most blue collar people, and any interesting characters in your area that make less than upwards of 100k. If the city is not already set up to handle such a population explosion, say hello to bumper to bumper traffic as far as the eye can see and the smallest of tasks like 'running to the post office on your lunch break' taking 3x longer than it used to.

I'm not saying it's all bad, but the downsides aren't evident up front. It's a great time to be in the construction trade, but you don't want to be in the latest part of town with multiple cranes just trying to get to the freeway from a few blocks away when all those workers start getting in their trucks to go home from 2-2:30 onward (very very few of those dudes can even afford a house in this city.)

~~~~~~~~~~~~~~~~~~

And to address @Joe Nerve 's topic... i don't buy much online at all, & i can't speak of Macy's sales practices because i tend to avoid corporate giants altogether (don't even get me started on WalFart) and will always be willing to pay a bit more to shop a mom and pop store, which I don't think that they qualify as, so eff em by taking your business elsewhere.
 
Great post buddy.
All these people excited to have the second Amazon HQ in their town should come try to live in Seattle, and the surrounding area, right now.

-Mike

funny you mention this...Toronto is trying it's hardest to land the new Amazon HQ

but I wonder what happens to other stores employees...All Sears long term emplyees just lost their pensions

will Amazon only pay minimum wage and only offer part time jobs...or "flex" or on call hours

No benefits....and certainly no pensions??? etc etc

Sign of the times
 
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In theory, that all sounds swell. I take it you didn't read the articles I linked? That's ok, i didn't finish them either :D but i can tell you from living in a town full of tech Fortune 500 companies that the shopkeeper catering to the 'tech Bro' world will not be able to afford to live in the same town where he operates, and any charm or individuality each neighborhood had will be razed in no time... RE: say goodbye to the artists, most blue collar people, and any interesting characters in your area that make less than upwards of 100k. If the city is not already set up to handle such a population explosion, say hello to bumper to bumper traffic as far as the eye can see and the smallest of tasks like 'running to the post office on your lunch break' taking 3x longer than it used to.

I'm not saying it's all bad, but the downsides aren't evident up front. It's a great time to be in the construction trade, but you don't want to be in the latest part of town with multiple cranes just trying to get to the freeway from a few blocks away when all those workers start getting in their trucks to go home from 2-2:30 onward (very very few of those dudes can even afford a house in this city.)

~~~~~~~~~~~~~~~~~~

And to address @Joe Nerve 's topic... i don't buy much online at all, & i can't speak of Macy's sales practices because i tend to avoid corporate giants altogether (don't even get me started on WalFart) and will always be willing to pay a bit more to shop a mom and pop store, which I don't think that they qualify as, so eff em by taking your business elsewhere.

You just described Toronto
 
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