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568 points rntn | 2 comments | | HN request time: 0s | source
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CatWChainsaw ◴[] No.41882137[source]
The Feds are coming, and I hope they keep going and going until there isn't a single product or service left that dares dictate what you can do after the transaction is complete.
replies(1): >>41882261 #
pwillia7 ◴[] No.41882261[source]
Say hello to your new Subscription products
replies(1): >>41882376 #
Gibbon1 ◴[] No.41882376[source]
I've been rolling the idea around that perhaps if a product is encumbered by a subscription then it's not a first sale and the product counts as inventory. And gets taxed as such.
replies(4): >>41882446 #>>41882512 #>>41883730 #>>41897231 #
ddingus ◴[] No.41882446[source]
That is exactly how it should work.

If the user does not own it, someone does and the accounting should play out accordingly.

replies(1): >>41883292 #
dylan604 ◴[] No.41883292[source]
Does it work that way for ISPs that "lease" their modems? This is the first time I've ever considered this idea that the hardware would still be inventory. Does inventory get taxed annually or monthly? Seems like the monthly lease fees would more than cover that.
replies(1): >>41885205 #
ryukoposting ◴[] No.41885205{3}[source]
That's a perfect example. They demand it back at the end of your contract, there's not even an option to keep it, let alone modify it.

I remember reading that, back in the 50s or 60s, the phone company owned "your" phone. It was permanently attached to the wall, and you weren't allowed to do anything to alter it. Did AT&T pay taxes on those phones as inventory?

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1. dylan604 ◴[] No.41885409{4}[source]
> It was permanently attached to the wall

That's a bit hyperbolic. It was just hung on the wall. If it was permanent, they wouldn't be able to take it back. Thanks for the reminder that we're to the point in time that "kids today" honestly have no memory of land line phones.

But yes, the phones were only available from Ma Bell, and you did have a monthly fee for them. They did have table top versions as well, so it wasn't just wall mounts. They were heavy solid well built devices. Once it was opened for anyone to make, they became cheap light weight plastic pieces of crap.

replies(1): >>41885709 #
2. ryukoposting ◴[] No.41885709[source]
Sorry, "hard-wired" would have been more clear.

I had a landline when I was a kid, but my parents got rid of it shortly after I left for college.