frosthowler
frosthowler t1_j1zyykh wrote
Reply to comment by ForgingIron in Spain scraps VAT on basic food to help with rising cost of living by PauloPatricio
Thanks!
frosthowler t1_j1zasp4 wrote
Reply to comment by ForgingIron in Spain scraps VAT on basic food to help with rising cost of living by PauloPatricio
wtf? how? you mean supermarket chains? surely not grocery stores, especially not in all of Canada!
can I read more about this somewhere? was it something in some specific town? that sounds nuts
frosthowler t1_j1y3qgj wrote
Reply to comment by LeechBydeGrunFretter in Spain scraps VAT on basic food to help with rising cost of living by PauloPatricio
The idea in principle is that with or without VAT, the business would have charged about $X for their product.
Which is a very simplistic few of the whole thing. There are plenty of countries with so many import taxes, VAT, etc, that goods are very clearly overpriced and would not be so pricey without all of that, because of undercutting. The price stabilizes usually at a point that grants profit leading to a 'desirable' level of growth.
With a monopoly, or in sectors where a coordinated effort to stabilize the price at a profitable range is possible, then removing the taxes imo is useless. There is no point in removing taxes on transactions like cars, in my opinion.
But basic foods? There is no way to price fix that. The price you see is the lowest price possible at current conditions, usually. I think Spain is absolutely in the right of this line of thinking.
frosthowler t1_j1akods wrote
Reply to comment by Aylex99 in Mossad chief warns: Iran is expanding supply of advanced weapons to Russia by omega3111
Israelis from Russia hate Russia. Israel is worried about Jews in Russia being persecuted.
frosthowler t1_iudahsw wrote
Reply to comment by dr4kun in Ukraine says Iran’s help for Russia should push Israel out of neutral stance by Lahampsink
Israel has sent a lot of aid and even opened a field hospital in Ukraine. They have given Russia nothing. The idea that it is neutral is ridiculous.
frosthowler t1_j2075kh wrote
Reply to comment by Atechiman in Three Belarusian “rail partisans” sentenced to over 20 years in prison by HarakenQQ
+ their houses
also accounting for PPP, the equivalent of $1.8k in Belarus is like $5k-6k in US