Do you feel the internet has helped or hurt your industry, and why?
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Without a doubt it has done harm, without paying sales tax it has put us at a 7% disadvantage right from the start. I know consumers should pay sales tax but how often does it happen. I'm amazed that the states don't enforce this and go after these companies and hold them responsible for the taxes. Another way it has hurt us is consumers purchasing so many products off the internet has hurt retail businesses abroad (Toys R Us) for instance. We've remodeled over 50 in the past, now with their sales down we haven't done a remodel in a few years. It goes right down the line, many of these online companies have no overhead, how can you compete with that, local jobs are lost, construction of new projects are gone, tax revenue for the states are lost. Thank you, this is a great question.
Paul you are on point. I could not agree more. After reading this entire forum one thing stands clear. Blue collar that basically is us, work with the hands gang. And also small retail are suffering the most. We will survive in the Crash. People dependent on technology will simply be at war and wont survive. I personally try to stay resistant and vaporized in Cyber space only to train myself and family for the possible crash. Then we will see who survives? Us... Blue collar, the ones who can work with they're hands and provide face to face service without the tech game! Going to be very interesting indeed , mark my word. Its players like you whom will join forces in the greatest battle of all time. Your brother warrior, Steve