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Why are European goods so enormously expensive compared to US ones? VAT. The answer is VAT.
by samatman 5y ago
Why are European goods so enormously expensive compared to US ones?
VAT. The answer is VAT.
- waihtis 5y agoI find absolute US and EU (FIN) prices to be quite on par in categories like groceries, restaurant, alcohol etc. Of course US has something like triple salary in tech at least, making their purchase power generally much better.
- kergonath 5y agoVAT ranges from 0 to 20%. It is significant, but not enormous.