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A comment on Increasingly, businesses don’t generate profits – they generate capital gains. Parent comment

Re:Increasingly, businesses don’t generate profits – they ge... by semafour on Friday August 04, 2017 @11:02AM (#14929175)
Credit card rates with your own merchant account are 3% - 8%, depending on your industry and chargeback history.

Federal Marginal tax rates are 10% - 38%, plus maybe 5% in MN.

If they are giving you a 5% - 10% discount for cash, sure, it's probably because they appreciate skipping the credit card. If they give you a larger discount for paying in cash, they probably aren't reporting the income.

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Re:Increasingly, businesses don’t generate profits – they ge... by EADGBE on Friday August 04, 2017 @11:23AM (#14929361)
CC rates can be negotiated down below 3%.
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Re:Increasingly, businesses don’t generate profits – they ge... by semafour on Friday August 04, 2017 @01:03PM (#14930088)
For card-present goods and services it's likely lower, but for card-not-present online software sales from a small company, rates with your own merchant account can be even higher than 8%. This is a big advantage of using Stripe and the like.
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Re:Increasingly, businesses don’t generate profits – they ge... by supergeek133 on Friday August 04, 2017 @11:43AM (#14929510)
Depends on the business.
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Re:Increasingly, businesses don’t generate profits – they ge... by supergeek133 on Friday August 04, 2017 @11:44AM (#14929529)
Yes that's for sure, I'm just stating all the causes of the proliferation of this problem.
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