The battle over state sales tax being collected by on-line retailers like Amazon has now moved to Congress. Amazon, which this year won a battle in South Carolina receiving a reprieve from collecting sales tax on in-state sales in exchange for building a distribution center in Lexington County, apparently has now switched sides. The retail …
Very interesting piece by financial columnist James Surowiecki, excerpted from The New Yorker: ILLUSTRATION: CHRISTOPH NIEMANN (reposted with respect from The New Yorker) “In the nineteen-eighties, a new kind of chain store came to dominate American shopping: the “category killer.” These stores killed off all competition in a category by stocking a near-endless variety of …
Wake up call for business owners — big and small Read More »
