I love Amazon.com. I buy all my books (electronic, of course) from them to read on my Amazon Kindle. I buy excellent coffee, all presents for grandchildren, electronic gadgets, and just about anything else. And thanks to Amazon Prime, after a yearly charge I get everything shipped for free.
Their customer service is amazing, too. Easy returns, and if you click on a link on their customer service page you’ll get a phone call from a person in seconds. Their prices are great. They don’t charge California sales tax, but California residents are liable anyway, so I estimate my on-line purchases and send the state a check.
But most people don’t. California estimates that it will lose $83 million this year in unpaid taxes on Amazon purchases, and $200 million from all on-line purchases. And the loss will grow as on-line sales continue their dramatic growth, crowding out traditional brick-and-mortar retailers.
I also love the University of California. Three of our four kids got low-cost, top-quality educations there. But today’s California kids don’t have it as good—the university is (more…)