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dont you think you benefit from the fact your city's government has more money to spend due to all the taxes collected from tourists' consumption/visits?
by ido 7y ago
dont you think you benefit from the fact your city's government has more money to spend due to all the taxes collected from tourists' consumption/visits?
- balfirevic 7y agoTheoretically, it would be possible. But there are several reasons why I don't think of it as financially beneficial: 1) Rent and all cafes/bars/restaurants are significantly more expensive. 2) Most of the consumption is taxed via VAT, which goes directly to national government. 3) Both local city government and national government are corrupt hellholes which are certain to misuse any funds that come their way. Edit: To be clear, I mean financially beneficial from "live in this particular city" perspective. On national level, tourism is such a high percentage of GDP that it's the only thing keeping the country alive. And we're in for a hell of ride if we stop being a desirable destination.