stackyFACTS
Economy

The tax loophole behind Amazon's first product

HERE’S THE INTERESTING PART

Jeff Bezos did not care about literature; he cared about tax evasion. Books were easy to ship and, more importantly, allowed him to dodge charging sales tax in states where Amazon had no physical presence. A true corporate fairy tale.

The tax loophole behind Amazon's first product
STACKY / Economy
One discovery leads to another.

Keep exploring facts in this topic.

Economy →
STACKY FOR IPHONE

A bigger world.
One discovery
at a time.

Keep discovering with Stacky. Interesting facts in an app that is always within reach.

Download on the App Store
ONE MORE DISCOVERY?

Keep exploring

All in this topic →
Greek homeowners hid their pools from Google Earth
Economy

Greek homeowners hid their pools from Google Earth

Nothing sparks human ingenuity quite like the desire to dodge a tax bill. In Greece, having an outdoor pool classifies your home as a luxury property,…

Discover more
What bizarre legal loophole is secretly responsible for modern pickup trucks and SUVs becoming ridiculously massive?
Economy

What bizarre legal loophole is secretly responsible for modern pickup trucks and SUVs becoming ridiculously massive?

What bizarre legal loophole is secretly responsible for modern pickup trucks and SUVs becoming ridiculously massive?

Discover more
Which modern retail strategy relies on convincing you that a completely normal item is on the verge of selling out?
Economy

Which modern retail strategy relies on convincing you that a completely normal item is on the verge of selling out?

Which modern retail strategy relies on convincing you that a completely normal item is on the verge of selling out?

Discover more
Borders bookstores totally dominated the retail literature market in the 1990s but made the incredibly fatal economic decision in 2001 to completely outsource their entire online…
Economy

Borders bookstores totally dominated the retail literature market in the 1990s but made the incredibly fatal economic decision in 2001 to completely outsource their entire online…

Borders bookstores totally dominated the retail literature market in the 1990s but made the incredibly fatal economic decision in 2001 to completely outsource…

Discover more
When a social media influencer aggressively promotes a strange, deeply discounted new gadget, what is usually actually happening?
Economy

When a social media influencer aggressively promotes a strange, deeply discounted new gadget, what is usually actually happening?

When a social media influencer aggressively promotes a strange, deeply discounted new gadget, what is usually actually happening?

Discover more
How pudding cups bought a million air miles
Economy

How pudding cups bought a million air miles

In the 1990s, an ingenious civil engineer realized that a specific airline promotion offered more miles in rewards than the actual cost of the pudding cups…

Discover more
StackyMore discoveries in the app
Download on the App Store