tag:blogger.com,1999:blog-1141932539860553199.post4367006846622423245..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Amazon's tax bill (here we go again)Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-1141932539860553199.post-40292596388537721892018-08-13T13:44:37.600+01:002018-08-13T13:44:37.600+01:00Crown Estate V Maplin = still empty store in my ci...Crown Estate V Maplin = still empty store in my cities best 'out of town' shopping area. <br /><br />Keep folks posted. I still think of young Maplin manager (unemployed?) who thought it was Brexit and the exchange rate that was screwing him :(<br /><br />GC 'I suspect a lot of them are too heavily leveraged to cut their rents.<br /><br />See above: old-school, feudal rentier, think in 'power/market share' to be played out, dynastically, over decades. They can remain feudal longer than you serf can remain solvent, so to speak :)MikeWhttps://www.blogger.com/profile/15455583313857077618noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-24281659496236273192018-08-13T08:48:08.081+01:002018-08-13T08:48:08.081+01:00BJ, no.
B, you don't need to be cynical to as...BJ, no.<br /><br />B, you don't need to be cynical to assume that. Of course they are.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-63517605417808436272018-08-12T17:24:37.768+01:002018-08-12T17:24:37.768+01:00"but it isn't what's killing the High..."but it isn't what's killing the High Street (high rents are almost certainly the culprit there)."<br /><br />However, there does appear to be a conspiracy of silence about this.<br />Being cynical, I would suspect that it is the massed ranks of the landlord army that are behind all the calls to reduce business rates, which is why almost every program and article on shops and retailing offer this as a "solution".Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-37658143001159014392018-08-12T16:37:36.487+01:002018-08-12T16:37:36.487+01:00Surely a level playing field would entail not puni...Surely a level playing field would entail not punishing firms for what they produce by taxing output and instead only ask they to pay compensation, in the form of a land tax, to those they exclude from valuable natural resources?<br /><br />Or am I missing something? <br /><br />benjhttps://www.blogger.com/profile/11544297406005346095noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-38225911160842912902018-08-12T13:28:44.183+01:002018-08-12T13:28:44.183+01:00GC, we looked at that. By and large, they aren'...GC, we looked at that. By and large, they aren' highly leveraged. Which means they can sit out void periods. Even though business rates (as a crude form of LVT) ought to act as the same deterrent (but seemingly doesn't).Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-20408038615287019322018-08-12T12:13:57.495+01:002018-08-12T12:13:57.495+01:00I suspect a lot of them are too heavily leveraged ...I suspect a lot of them are too heavily leveraged to cut their rents.George Cartyhttps://www.blogger.com/profile/12170378024031141482noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-35079721290856015592018-08-12T11:34:45.950+01:002018-08-12T11:34:45.950+01:00GC, it does appear that landlords are holding out ...GC, it does appear that landlords are holding out for unrealistic rents.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-75235646734695700632018-08-12T09:49:39.725+01:002018-08-12T09:49:39.725+01:00Amazon's tax dodging may be giving it an unfai...Amazon's tax dodging may be giving it an unfair advantage over home-grown online retailers, but it isn't what's killing the High Street (high rents are almost certainly the culprit there).George Cartyhttps://www.blogger.com/profile/12170378024031141482noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-40699562124742986352018-08-12T07:46:20.440+01:002018-08-12T07:46:20.440+01:00I was wondering how true "the consumer doesn&...I was wondering how true "the consumer doesn't bear the VAT" is in the US and Canada where all prices are displayed ex-sales tax, and the base price stays the same across large areas (sometimes nationwide) with many different sales tax rates. Have there been any studies?<br /><br />Unless you are good at arithmetic or can be bothered to get out a calculator, you don't know how much the tax will be until you come to pay. When thinking about how much things cost, people tend to consider the ex-tax prices, and they are literally paying the taxes "separately" at checkout, If taxes change, merchants tend to pass on the changes in full unlike on this side of the pond - they wouldn't "absorb" a tax rise by lowering the base priceCurtishttps://www.blogger.com/profile/10289346865017922952noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-26249040211442411382018-08-11T21:54:27.325+01:002018-08-11T21:54:27.325+01:00Thanks for doing all that. I read the article in ...Thanks for doing all that. I read the article in the DT and read the comments. A lot were all for Hammond taxing Amazon more. They need to read your post. They won't of course.<br /><br />In passing Hammond and Spud Murphy deserve each other.Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.com