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More like the government is incompetent for failing to use policy to move manufacturing to India and instead raising prices for the average consumer.
by ampdepolymerase 6y ago
More like the government is incompetent for failing to use policy to move manufacturing to India and instead raising prices for the average consumer.
- kumarvvr 6y agoIf the govt reduces taxes, doesnt that incentivize apple to just make them elsewhere and ship to India? I thought high taxes are the incentive to start manufacturing or assembly locally.
- sharpneli 6y agoHigh tariffs are an incentive. Not taxes. Import tax == tariff basically.
- kumarvvr 6y agoAren't tariffs and taxes the same thing? In this context, import taxes are tariffs.
- mcculley 6y agoCertainly there is an inflection point where demand meets a taxed price that would cause Apple to build a factory in India. If Apple is not currently building a factory in India, then that point has not been reached and the result is just higher prices for Indians.
- HideousKojima 6y agoThe tax isn't just designed to make Apple and others move to India, it's to give an advantage to local manufacturers over foreign ones. Now whether or not local phone companies are starting/growing in India as a result of this tax, I don't know
- heavenlyblue 6y agoUnless they're subsidizing the airlines.
- naruvimama 6y agoiPhone in India is not for an average consumer, it is just a show off phone