This is the exact same story from last year where they claimed unemployment went down after taking their survey right during the build up to Carnival. And as everyone predicted, as soon as Carnival was over, the rate shot right back up to where is was, and we will see that again with the numbers for next November.

A couple weeks of part time work is all that is shown by this report.

You are such a waste of air. Has trolling not grown old for you yet?

You have an error in how you calculate the business costs in the After VAT example.

The VAT on the importing and duty is initially paid by the business, but that is recouped when they collect the VAT on the final sale. VAT is a pass through tax. The final customer pays the total VAT cost. The business simply takes the total collected VAT, subtract the VAT paid by the business and pay the difference to the government.

If your markup is 33% then the $24 (cost plus duty) markup is $7.92 for a total of $31.92 and then the 7.5% VAT is applied to that price for $2.39 totaling $34.31.

The merchant made $7.92 the government now made $6.39 and the consumer saved $1.69

So the cost of good actually got lower and the revenues to both the business and government went down. If the price is still the same, then in this example, the store is actually using a higher markup.

Well said Tal

That is a very bigoted statement

How does this get published every week? She goes on and on like with the flow and points of a year 9 book report. She doesn't even come to a point anywhere in the article.

I hope enough people read this!

We can only hope

Because you feel your rights are being impinged, you think it's ok to impinge on the rights of others. That is a very hypocritical statement.

You are a complete nut. There really isn't anyway to take you seriously anymore.