Gold-dollar-sign-on-ground When I woke up this morning, there was a comment in yesterday’s Turbo Tax post on Washington Rebel from someone claiming to be the VP of Turbo Tax.  My initial reaction was, “Yeah.  Right.”  I’m not in the habit of clicking on random links provided by commenters on any of the blogs I write for.

However, upon doing a bit more research, I decided to take a chance.

Sure enough, Bob Meighan IS the Vice President of Turbo Tax.  Sure enough, the link was legit.  And sure enough he contacted me immediately upon reading my comment on his site and promised to investigate and try to resolve the problem.

I’m floored. This is the last thing I expected, and I’m gratified to know that Mr. Meighan cares about his company enough to personally get involved in one individual’s problem.

I also look at this experience as a success for free market capitalism.  No government intervention necessary.  No regulations. No formal complaints to any kind of authorities. I had a problem. I couldn’t get a resolution. I took it public. The Vice President of the company stepped in to protect his company’s reputation, and ultimately, its profits. 

Politicians tend to treat profits as evil.  But profits are ultimately a gauge of your work ethic, of the way you run your business and your commitment to your customers.  Profits are an indicator of the value of your work.  Bad business practices will ultimately affect your bottom line.  Taking the effort to make things good will ultimately improve your reputation and keep customers coming back.  This goes for any business, not just Turbo Tax.

I guarantee you that no Senate testimony and consequent legisleech involvement could be as bad as the kind of losses Toyota will suffer in the marketplace unless they take immediate steps to fix the problem!  The market works.  Once word got around about the serious problems with Toyota cars… once the lawsuits started rolling in, I guarantee no legislative involvement would have been needed (not that this will stop the legisleeches in any way).

True profits are a bottom line measurement of how well you do your job.

I would like to thank Mr. Meighan for at least taking steps to help me resolve this issue… and helping to further underscore my faith in free market capitalism.

I’ll post updates if a resolution is reached.

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