5 ms·

This piece of taxation engendered tidbit is getting too much attention in India. Now it’s on HN front page. It’s seems unlikely but I wouldn’t put it past Appl

This piece of taxation engendered tidbit is getting too much attention in India. Now it’s on HN front page. It’s seems unlikely but I wouldn’t put it past Apple. OTOH I don’t mind these high taxes, for a country like India an iPhone is indeed a luxury, if only the tax money didn’t go directly to party funds and offshore accounts one way or the other.

MattGaiser 6y ago
Eh, I think it is just crazy to those of us in North America that import duties can be that high.
- iso1631 6y ago
  "as of May 2019, the US has the highest tariff rate among all developed nations with a trade-weighted tariff rate of 4.2%"
  - 0xffff2 6y ago
    US tariffs tend not to be on consumer goods though, right? Also, I'm curious how much that number has changed over the last 4 years. Were we also at the top in 2016?
    - iso1631 6y ago
      It's increased recently due to tarriffs on China imports