Bookshop Chalkboard of the Day: Book Culture

Book Culture in New York City shared a photo of its latest sidewalk chalkboard sign, which was crafted by one of the shop's staff. The colorful sign reads:

"Against Amazon

"In 2005 Amazon sold $55.6 billion worth of retail goods nationwide, all while avoiding $704 million in sales taxes. The cost of lost sales taxes falls equally on state and local governments. These sales taxes are the equivalent of 39,000 retail storefronts/133 million sq ft of commercial space which might have paid $128 million in property taxes. More than $1.2 billion in revenue is lost to state and local governments. Counting the jobs at Amazon, their sales produced a net loss of 222,000 retail jobs nationwide."

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