5670854

Re: Food taxes and rules

November 12th, 2012 02:27 PM

How high were the taxes if it was economical to do that?!

5670856

Re: Food taxes and rules

November 12th, 2012 02:27 PM

Never underestimate the power of hungry people looking for their cakes in large numbers.

5670881

Re: Food taxes and rules

November 12th, 2012 03:16 PM

People will do that due to the EU. Finns go buy the tobacco product snus from Sweden because it's banned elsewhere, and cheap booze in massive numbers from Estonia because we have a higher alcohol tax.

And even if Russia isn't in the EU, you can get cheap and illegal tobacco from Russian dealers. Just don't buy booze from them or you'll get blind.

But usually a change in regulation will mess up the market prices. Just like when the Euro was introduced, food price acted weird and eventually rose. Lowering or rising the value added tax will also usually end up rising food price relatively regardless whether it was lowered or risen.