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Business, Economics, and Taxes: Capitalism. Yay? >=(

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$600 might cover the rent in a "charmingly shady" part of Grand Rapids. Might. But since I'm not going without my cat, I'll need about $1000.
 
$600 wouldn’t cover even the interest on my 30-year on a medium sized home in GDO ten years ago.

I hope they all fall down and chip a tooth.
 
That is per person this time, right?

so mookie is getting $3,600

Last I heard, $600 was per tax filer. Children warranted $250 or $300. Things may have changed as I've not been able to follow all the news too closely the past few days.
 
I thought I saw dependent children were $600.

Edit: That CNN article states $600 per child.
 
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That's what's in the bill. I was giving old proposals earlier, when I hadn't read the finished product.
 
So here is a question. I'm not sure who can answer it, but I think we have one or two posters on this board who have done some driving for organizations like GrubHub, etc...

The City of Minneapolis just passed a regulation capping the fees those app companies can charge at 15%. Apparently they were charging restaurants a pretty hefty fee for their services.

I'll be honest, I've literally never ordered anything and used GrubHub or any of the others. First, how does the fee thing work? Is GrubHub charging restaurants a fee and the delivery customer a fee, or is it all just one charge that the restaurant makes to the customer, and out of that one charge GrubHub gets a cut?

If these companies are charging a 30% fee, I assume some of the money goes to the driver? What is the driver keeping versus what is GrubHub keeping?

Is the effect of this regulation going to be to hurt the drivers as much as it hurts GrubHub?

Again, due to the fact that I've never used one of these services, I don't understand the economics of it.
 
I do deliveries. I'm not sure what happens on the business side of things, but for Door Dash, I get a base pay, plus whatever the customer decides to tip. Occasionally, I get peak pay, which can run anywhere from $1-$5. Generally, I don't take orders less than $7.
 
I do deliveries. I'm not sure what happens on the business side of things, but for Door Dash, I get a base pay, plus whatever the customer decides to tip. Occasionally, I get peak pay, which can run anywhere from $1-$5. Generally, I don't take orders less than $7.

So, if I order a $20 meal, and Door Dash expects 30% for it's fee, does that mean that I pay $26, plus any tip I give you, or is my $20 divided up with $14 going to the restaurant and $6 to Door Dash (to pay you and cover other expenses).
 
From what I understand, the restaurant is charged the fee. There were a few restaurants in Michigan that were telling people to boycott services like GrubHub because they would add restaurants without permission. Not quite sure how thats legal, maybe it’s not and they’re just hoping restaurants enjoy the rise in orders and go along with it. Anyway, people were ordering through these sites and in some cases the restaurants were losing money making meals, not even breaking even.
 
When I signed on, they never really explained what happens on theirs and the restaurant's end. However, from what I understand, DD charges restaurants a ton of money to run their service, which goes straight in to DD's bank account. Not sure what happens with GrubHub and Uber Eats. When I started driving, I got plenty of small, local restaurants as well as the major chains (Applebee's, Chili's, etc). However, as the pandemic wears on, I'm getting deliveries from maybe 2 local places for every 7 chain restaurants, simply because small places can no longer handle the fees DD charges.
 
When I signed on, they never really explained what happens on theirs and the restaurant's end. However, from what I understand, DD charges restaurants a ton of money to run their service, which goes straight in to DD's bank account. Not sure what happens with GrubHub and Uber Eats. When I started driving, I got plenty of small, local restaurants as well as the major chains (Applebee's, Chili's, etc). However, as the pandemic wears on, I'm getting deliveries from maybe 2 local places for every 7 chain restaurants, simply because small places can no longer handle the fees DD charges.

Is the fee that you are paid (ignoring any customer tip) dependent upon the size of the order or the driving distance or anything like that?
 
Since my initial post, I've read some sites trying to explain it, so I think I have a little better idea, if no practical knowledge gained from usage.

It sounds like it works this way, at least for GrubHub.

You place an order. The customer is charged for the food, and also charged a delivery fee. Of that delivery fee, most is paid to the driver, but a small percentage is kept by GrubHub.

GrubHub also charges the restaurant a "commission." This appears to be what the City of Minneapolis is regulating. However, in the material I read, it is suggested that most times the commission runs between 7% and 15%, with something like 12% or 13% being the average, so if that's true I don't see the Minneapolis regulation having a super big impact. This commission serves as the bulk of GrubHub's revenue.

Finally, GrubHub will allow restaurants to advertise on the GrubHub site, and the restaurants are charged a fee for that.

I guess it'll be interesting to see the response, and hear about what happens due to the cap on commissions.
 
When I signed on, they never really explained what happens on theirs and the restaurant's end. However, from what I understand, DD charges restaurants a ton of money to run their service, which goes straight in to DD's bank account. Not sure what happens with GrubHub and Uber Eats. When I started driving, I got plenty of small, local restaurants as well as the major chains (Applebee's, Chili's, etc). However, as the pandemic wears on, I'm getting deliveries from maybe 2 local places for every 7 chain restaurants, simply because small places can no longer handle the fees DD charges.

When my BIL signed up his bar for whichever services, it was about $120/month fee to the bar and then each order has a fee added to it by the service.
 
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