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Joined 1 year ago
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Cake day: July 3rd, 2023

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  • I’m no law expert, but I have dealt with POS and retailers, and their tax people. My understanding is that you always report the loading of a gift card as a liability. It may be categorized as a different liability because you don’t necessarily owe that money back. As in, most gift cards are non refundable.

    When the holder of the gift card redeems it for products, the balanced used gets deducted from your liability and is added to revenue.

    If Starbucks were straight reporting it as revenue with no explanation, I can see that being scrutinized. But if they are reporting it as potential revenue, then that’s up to shareholders to weed through that and make investments based on that.

    I’m not understanding the illegality here.






  • Calm down, Thanos.

    No but seriously, I know that for me, what gets me incredibly annoyed when this topic comes up, is the absolutists that rail on anyone wanting any children. Like, I get it man, you don’t want kids. But that doesn’t mean I’m wrong for wanting kids.

    These people get very high and mighty on their claim that those of us that want children are selfish for “bringing them into a dying planet”.

    You’re framing it in such a way to say “hey, maybe let’s slow down population growth”. They’re saying “we need to never have children again”.

    One of those scenarios leads to the end of human civilization. If that’s your goal, you have bigger psychological issues than you realize. (Not you; the general you)