Unclear on the concept
Of cost: Sales by online retailers like Amazon will cost Tennessee as much as $3 billion in revenue and the loss of more than 10,000 jobs over the next five years , according to a new analysis released Monday.
No, it won’t. When you don’t earn revenue, it costs you nothing.
September 20th, 2011 at 9:46 am
Also, since Tennessee isn’t paying that tax to the government of Tennessee, Tennessee is actually saving 3 billion – and 3 billion saved is 3 billion earned.
September 20th, 2011 at 2:11 pm
Around 10,000 years ago, flint knappers also argued against that new “bronze” stuff on the basis that jobs would be lost in the changed market.
And armor makers got all upset about crossbows that could pierce the best chainmail/plate combinations, and saw their jobs vanish.
And buggy whip makers found their product sitting unsold on shelves when automobiles became the primary means of individual transport.
There is no guarantee against change. When there is a market advantage to using a new product, or a new way of making a product, or a new way to sell or distribute a product, the market will generally take advantage of that advantage because it is advantageous.
The government is not guaranteed the sales taxes they collect. Sales have to take place in a brick and mortar store within the state for the law to demand its collection. If the government doesn’t like the laws as written, they can obtain the consent of the governed to have the legislature change them.
September 20th, 2011 at 8:01 pm
That’s the problem with people who are so mind bogglingly stupid that they think they’re smarter than everyone else. They believe that the conclusion that they’re smarter than everyone else gives them the right to order everyone else around.
All they can do is look at the negatives to everything, even if there are none. That should tell you something about their motivations.
September 21st, 2011 at 2:54 am
It’s hilarious to assume that because someone bought something in one place, that they would have bought it somewhere else had the first not existed.
Let’s say I find a good deal on a Widget at Store A for 50 bucks. Store B has it for 100 bucks. If Store A suddenly didn’t have that Widget, that doesn’t mean I’d pay 100 bucks for it at Store B.
It’s similar to why digital piracy is so prevalent. If a person pirates a movie off the internet because they are unwilling to pay 30 dollars for it, it doesn’t mean that they would have bought it if they hadn’t found it online. Money never obtained is not lost revenue.
Maybe this should be called “RIAA/MIAA logic.”