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> prices in a given country with VAT will just appear x% higher across the board, and then the real question is more of disposable income. In other words, "if
by jstanley 8y ago
> prices in a given country with VAT will just appear x% higher across the board, and then the real question is more of disposable income.
In other words, "if you can't make at least a 20% profit on the value you add, you're not allowed to make a profit at all". This stifles innovation at the margin.