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568 points rntn | 1 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?

replies(3): >>41885409 #>>41891630 #>>41891701 #
1. ddingus ◴[] No.41891630{4}[source]
They did! And the not so nice part of that was being stuck with the phones they supply. Now, as simple phones, I liked them. Audio quality was great, the device did not break easily and all that. No worries. But, if you wanted to do anything connected to that phone, or the line, that was off limits!

The nice part was it being their phone, they took care of it. Service was a call away and the service tech could do what it takes and have few worries.

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Our wall mounted phone was surrounded by phone numbers and other bits of information. I started it one day writing the name of a burger joint we used to call all the time by the phone.

Mom was pissed, but Dad liked it! Next time we went to call the number was right there!

And so it began...

When I left home for the last time, I looked at that phone and wall for a long time. Many years of our lives were there. Friends, family, businesses, other things like EMS, poison control, various hotlines were all there organized fairly well given the organic way it started.

I wish I had taken a picture!

Seeing that happen and being a part of it all is probably one of the more potent reminders, to me of course, of what the pre-digital times were like.

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