> If a 35% custom’s duty is reduced to > 10% and is accompanied by a 12% VAT > then the total tax burden becomes 22%, > which is still a whopping 13% savings > for the consumer.
He needs to watch his percentages:
because VAT is charged on duty: At 10% duty and 12% vat, the total cost per dollar is:
1 times 1.1 times 1.12 is closer to 24%.
And, most duty rates were only reduced to 20%, not 10%
ohdrap4 says...
> “We’ve taxed everybody to death
Not everybody. Just the poor of us.
On New, increased taxes are 'economic suicide'
Posted 22 May 2019, 5:07 p.m. Suggest removal
ohdrap4 says...
who is going to buy from julian brown?
On Private equity venture eyes ‘$100m-$200m opportunities’
Posted 18 May 2019, 11:47 a.m. Suggest removal
ohdrap4 says...
where cn i get this 800 per week job?
On UPDATED: Three men shot dead by police
Posted 17 May 2019, 8:19 p.m. Suggest removal
ohdrap4 says...
> resolute in his view that the country
> is “in a much better place” when
> compared with two years ago.
So is my dead uncle
On Dames: We are in a much better place than we were two years ago
Posted 7 May 2019, 9:18 p.m. Suggest removal
ohdrap4 says...
when the hurricane comes it is going to take all solar panels and batteries with him.
On Ragged Island set for renewable energy investment
Posted 5 May 2019, 2:26 p.m. Suggest removal
ohdrap4 says...
does she accept criminal pupils?
On Home raider dies swimming canal
Posted 3 May 2019, 5:13 p.m. Suggest removal
ohdrap4 says...
> If a 35% custom’s duty is reduced to
> 10% and is accompanied by a 12% VAT
> then the total tax burden becomes 22%,
> which is still a whopping 13% savings
> for the consumer.
He needs to watch his percentages:
because VAT is charged on duty: At 10% duty and 12% vat, the total cost per dollar is:
1 times 1.1 times 1.12 is closer to 24%.
And, most duty rates were only reduced to 20%, not 10%
On Rupert Roberts must evolve
Posted 1 May 2019, 7:26 p.m. Suggest removal
ohdrap4 says...
the list is a secret because they do not want the corned beef backlash repeat.
the list was made using nutrition science from 30 years ago.
people wil be so shocked with vat at 15% they will forget the corned beef issues.
On Plastics ban - be prepared
Posted 30 April 2019, 6:24 p.m. Suggest removal
ohdrap4 says...
56 percent is a D average
On Govt ‘feeling pretty good’ with VAT collection at 56%
Posted 30 April 2019, 6:17 p.m. Suggest removal
ohdrap4 says...
well this seems to be a work related mass shooting
On UPDATED: Defence Force Marine shot dead at Government House – Commodore says murder is ‘real blow’ to RBDF
Posted 28 April 2019, 10:33 p.m. Suggest removal