311–320 of 480 posts
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When they'd do the reordering to me, I'd go visit the bank manager and point out how many years I'd been a loyal customer. Then she'd fix it.
Cool story. How does that help the hundreds of thousands of very poor people who are trying very hard to pinch pennies in dire straights?
Or are you implying that being poor means the bank should cover the overdraft?
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It certainly does come from their money. When a bank goes bust, all the owners of the bank also go bust. The FDIC doesn't protect /them/.
You are right. I was wrong.
We could learn from for example Japan where there is no cents and all fees included so 5000 Yen is 5000 yen no tip no tax no fees no cents it's really cortisol reducing.
Yes but Japan also has hidden fees sometimes. Like in certain restaurants they serve you an appetizer that you dont ask for and charge you for it before the real order comes.
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Don’t forget the “living wage surcharge” that many cities mandate for restaurant workers! It’s typically not disclosed until after you eat, and varies from city to city.
This seems insane to me. Paying your employees a living wage is just another cost of producing the food, it should be part of the menu cost like everything else. Splitting it out is no more sensible that adding "building rent" or "ingredient cost" as extra line items on the final bill.
This doesn’t make it right, of course.
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The store knows what to charge, they chose not to put it on the shelf label. When prices change, people change the shelf label, whether it is paper or ePaper tags is irrelevant to having the tax added in or not. What seems 'bonkers' to you has been standard practice in most of the world for decades.
> When prices change, people change the shelf label This isn't free. That's someone's time and energy spent on something I, as the consumer, don't care about. Why? I'd much rather have that person available to help, ready at the counter or frankly at home or in a park enjoying their life. What has meaning for you doesn't for me. I don't value having a precise price at selection versus purchase. At all. Like most Amer…
Earlier quoted context omitted.
The store knows what to charge, they chose not to put it on the shelf label. When prices change, people change the shelf label, whether it is paper or ePaper tags is irrelevant to having the tax added in or not. What seems 'bonkers' to you has been standard practice in most of the world for decades.
> When prices change, people change the shelf label This isn't free. That's someone's time and energy spent on something I, as the consumer, don't care about. Why? I'd much rather have that person available to help, ready at the counter or frankly at home or in a park enjoying their life. What has meaning for you doesn't for me. I don't value having a precise price at selection versus purchase. At all. Like most Amer…
Not to mention the vast amount of online shopping Americans do, where it would be trivial to include a local sales tax. (Every online store I'm aware of already immediately asks for your location and tells you to search for the nearest location anyways.)
I also reject the idea that most Americans wouldn't value this. I would bet money most Americans would prefer it -- they just aren't aware that other countries are capable of doing things better.
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What's the tax on $5?
Depends on your location. If you are somewhere with a 5% sales tax for example, it would be $0.25. If you don't want to have to know the sales tax for your location, I believe the highest sales tax in the US is under 11% so just give the kid $5.55.
So....basically nothing changes. You're always privy to the disclosure at the time of sale anyway when you see the charges right before you fork up your credit card.
Seems like legislators just needed some bullet points for resume padding.
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I never understand this argument at all. Your shops have computers with label printers, right? At the Co-op supermarket in our little UK town (population 3000) they’ve even just replaced the shelf price tickets with tiny colour displays.
It's not really a problem in brick and mortar stores. It's a problem in online stores because you can't necessarily give someone the right price with taxes until you have their address. And this problem is harder than some might think. I knew someone who lived on a street that was a "dividing line" for this stuff: same zip code, same city, but one side had a 9% sales tax, the other side had around 7%. We tested a lot…
I don't quite see how an overdraft fee (one of the examples given) is a junk fee - it costs the bank real money to cover the loan they are effectively giving you when you are in overdraft.
Cost the bank real money? lol What planet are you from? Banks don’t use their money.