GCrites

Keep Internet Expensive

A lot of companies like that end up with a different name after a while anyway.

DSW was selling a lot of shoes to white-collar workers who shifted big-time to WFH. They did indeed pivot to casual and are running TV ads as such. So much of the beatdown in apparel has resulted from the lack of white-collar work in today's society -- COVID or no. Still, I predict a comeback for Designer Brands as well.

I predict a decent comeback for Victoria's Secret. Apparel really took a beating during COVID. Now that it has subsided somewhat there is pent-up demand for apparel. They might even return to some malls that they left during COVID such as River Valley in Lancaster.

The CAT tax was considered by the state as a response for its elimination of state corporate tax and state inventory tax.

Here are the tables. It .26 percent rather than 0.6% But it is still "flat" and therefore somewhat regressive. If you are under $1M in receipts it is only $150. Also flat and somewhat regressive. For calendar years 2006 and thereafter, the first $1 million in taxable gross receipts are taxed at $150. Receipts above $1 million are taxed at the following rates: Tax Period Base Tax Rate Phase-in Percentage Effective Rate* July 1, 2005 to December 31, 2005 0.06% N/A 0.0600% January 1, 2006 to March 31, 2006 0.26% 23% 0.0598% April 1, 2006 to March 31, 2007 0.26% 40% 0.1040% April 1, 2007 to March 31, 2008 0.26% 60% 0.1560% April 1, 2008 to March 31, 2009 0.26% 80% 0.2080% After March 31, 2009 0.26% 100% 0.2600% https://tax.ohio.gov/wps/portal/gov/tax/help-center/faqs/commercial-activity-tax-cat/commercial-activity-tax So not super scammy but a minimum tax just for existing is still kinda lame. Businesses hate stuff that comes along and says "You're a business! You exist! Therefore you have to give me money or you're out of business!"

Commercial Activity Tax -- last I checked, 0.6% of revenue on business with more that 200k in sales yearly. I'm in a bit of a hurry though so don't have details.

Maybe they can stage a Beep-Out protest. Where they put all their trucks in reverse so they all beep at once

That's like all the people that built their houses next to the racetracks at Laguna Seca, CA and Lime Rock, CT then complained about the noise.

Probably people getting the vaccine is making us give off 5G. Also since we're magnetic now it's throwing off their navigation.

Hopefully it acts as an NBD for the nearly residential-only neighborhood.

I can't read the article with my Columbus subscription. What other tenants are planned? Liberty Center needs tenants too. Or is it just a bunch of apartments (which will probably lease well) plus a Costco?

That's what happens when land is too cheap. This happens in Europe often where old slums got turned into something else then something else or in cities that got bombed during WWII.

But Trump said...

I think the affordable housing industry is trying to move away from towers (where possible) due to the higher maintenance costs and recent deadly incidents in subsidized towers overseas. Even if those incidents were caused by poor construction techniques and materials.

Looks like just more moisture in the dirt that got turned. But you have to wonder what's in the dirt here since it was an old industrial area.

No cicadas in Groveport or Ashville. None. Just like 1987 and 2004. I wonder what made them decide against going east of the Scioto. I don't think getting across the river is much of a problem for them.

Cities offer healthy food in restaurants and takeout as well. Out in the sticks if you want something healthy you have to make it yourself. Every time. And that's even if you can get the ingredients. The selection is worse. I suppose you can grow it yourself too but then you're really all in.

At our farm, trails and such get overgrown so quickly that if you're not actively maintaining them they can become useless in less than a month (depending on the time of year... this time of year is especially bad). No one is taking care of them for you like at a Metro Park or offroad trail system.

Good, then rents in NYC are what, $600 a month now?

I think this about where Kavinsky crashed the Ghost Car.

About the 2nd or 3rd call I was allowed to take myself when I started in the video game business in Florence was from one called Double Dragon. I'm looking at the Caller ID and wondered how something called "Double Dragon" was calling the retro gaming store. Like did someone kidnap my girlfriend and it was the captors inviting me to fight my way to her?

OK Karen, you have to remember that buffets are going to be one of the last things to come back after COVID.

With this kind of rhetoric he might be looking to get locked in a battle with Mandel for 3rd place in the Republican gubernatorial primary.