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> How would things get 21% more expensive from one day to another? New Laws. Is more expensive because everybody is paying a 21% more in taxes. So either the
by pvaldes 5y ago
> How would things get 21% more expensive from one day to another?
New Laws.
Is more expensive because everybody is paying a 21% more in taxes. So either the customer pays more, or the seller accepts to take a cut in their benefits to keep the price in a strategic value (below the product of his competitors)
To compensate it and survive, the startup needs now to find a way to produce the 'same' product 21% cheaper. For example, in China.
That invariably leads to your product being cloned for somebody and fake products invading your market.
- rad_gruchalski 5y ago> New Laws. How did we end up on new laws when we started about VAT explicitly?
- pvaldes 5y agoMaybe you are not aware, but VAT has been raised many times in the last years.
- rad_gruchalski 5y agoLike any tax. In some cases, it was also lowered. Product groups move between VAT rates.