Earlier quoted context omitted.
The card costs them money to process, so they tack on approximately that amount. And you can opt out by paying cash. Seems fair, though maybe the card price should be default.
Cash is also preferred in food service, because it's easier to cheat on taxes. When you're paid a tip in cash, with no paper trail of what that amount was, the reported earnings on the tax form is merely a suggestion to tell the truth.
Bill to ban hidden fees in California signed into law
421–430 of 480 posts
Re: Bill to ban hidden fees in California signed into law
#422Earlier quoted context omitted.
I think they’re implying that the banks shouldn’t reorder the charges and should pick up the phone when we call them to opt out of overdraft altogether.
Showing up in person is always more effective than calling on the phone.
What the hell?? My guess is banks have to talk to you because of regulations, but let's not pretend they wouldn't ignore you if they could.
Re: Bill to ban hidden fees in California signed into law
#423Earlier quoted context omitted.
Write a letter. Before you dismiss this, too, I inherited my dad's papers. There were an awful lot of letters to businesses for various reasons, some with disputes. It worked for him.
Does this come from the same reasoning where the way you get a good paying job is by walking in the front door and giving a firm handshake to the owner? Addendum: nevermind that during this whole time of unfortunate and now very slow because "mail" correspondence, especially when the circumstance described is of a bank re-ordering transactions such as to cause the most possible overdrafts given a time range, this per…
Re: Bill to ban hidden fees in California signed into law
#424Earlier quoted context omitted.
> have to be tuned in to the latest local vibes so as not to unintentionaly run afoul of some obfuscated social rules You do realise you are travelling to a foreign country, right? This rings to me like Americans who travel to Spain and complain about the siesta, or Argentina and how late they dine. Lots of local government means taxes change over smaller distances in America than most of the world. Also, most retail…
> Lots of local government means taxes change over smaller distances in America than most of the world. > cultural distrust of taxation and government > a decreasing tendency to use cash > higher income per capita Really don't see how any of the points above are an obstacle to putting the ~actual~ price of a product on paper. > Also, most retailers here use paper labels Great! Makes it even easier to printout the act…
Re: Bill to ban hidden fees in California signed into law
#425Earlier quoted context omitted.
> Really don't see how any of the points above are an obstacle to putting the ~actual~ price of a product on paper The pieces of paper are in multiple places. The bill is calculated in one place. Doing things in multiple places is more costly and error prone than doing it in one. (Also, the paper being physical means a physical person must update it. The POS can be remotely managed.) Here is New York State's guide on…
> If consumers valued it, tax-inclusive pricing might be worth the effort. But in America, we don't. That's not true. I would guess the vast majority of consumers would at least slightly prefer that the tax be included in the display price. The problem is those consumers aren't an organized interest group, whereas retailers are. It's not a "cultural preference"--it's just the inability of the political system to addr…
Furthermore, literally everywhere I’ve lived in America, I had 3+ local sales tax rates within my typical shopping range and it’s nice to know which areas have lower rates so I can preferentially make larger shopping trips there.
Re: Bill to ban hidden fees in California signed into law
#426Re: Bill to ban hidden fees in California signed into law
#427Comments that are bringing up taxes (which are totally exempted by this bill anyway) and tips (with one small caveat) are completely missing the point. You can have a debate about how to display those items on a price list, but everyone knows about them and they are expected. The whole point of this bill is to prevent bait-and-switch, where loads of unknown or variable fees are tacked on after the price is initially…
In Washington State, Gov Inslee imposed the equivalent of a $.50 per gallon tax on the oil companies. The oil companies raised the WA gas prices by $.50 per gallon. Inslee blamed the price rise on the greedy oil companies. The taxes should be a separate line item on all purchases, so people can see what the taxes are.
And of course none of this is incompatible with still printing one big-print all-inclusive price.
Re: Bill to ban hidden fees in California signed into law
#428> Hidden fees are fees in which a seller uses an artificially low headline price to attract a customer and usually either discloses additional required fees in smaller print, or reveals additional unavoidable charges later in the buying process. Like tips?
Re: Bill to ban hidden fees in California signed into law
#429Earlier quoted context omitted.
Tax rates vary based on the type of good. Give a kid $5 and send them to the grocery store and you have to anticipate if they’ll buy candy or an apple or soap or a magazine. The only advantage to not including taxes is that people spend more money. This is marginally better for stores and worse for everyone else. Theres no genuine benefit to society for not including taxes in the posted price.
I learned, from HN actually, that the reason for this is actually because taxes must be included and enumerated so that the public know the rate and thus can be cognizant of taxes levied against them. Probably goes back to the founding of America being a country that started in large part out of a rebellion against taxes. While at this point it makes more sense to come up with a new law/methodology, I understand the…
I think the reason taxes aren’t included are because lower prices make people buy more. Similar to $4.99 sells more than $5.
Re: Bill to ban hidden fees in California signed into law
#430Earlier quoted context omitted.
Does this come from the same reasoning where the way you get a good paying job is by walking in the front door and giving a firm handshake to the owner? Addendum: nevermind that during this whole time of unfortunate and now very slow because "mail" correspondence, especially when the circumstance described is of a bank re-ordering transactions such as to cause the most possible overdrafts given a time range, this per…
If you can't walk into the branch, use the telephone, or write a letter, your best bet is to diligently keep track of your balance. Banks also offer overdraft protection, for an additional fee.