41–50 of 259 posts
> It is no secret that the taxes and duties that are applied to imported phones are highest in India. The taxes are so high that for an important iPhone that you will end up paying an average tax of Rs 24,000 for something like an iPhone 12 or iPhone 12 Mini. > However, despite the sky-rocketing prices, iPhone still sells best in India and the buyers give whatever price Apple asks them to pay. So for a business, that…
The article excludes the cost of import duty, and other taxes (see daedalus's comment). It is a false argument to say that if I didn't pay tax things could be cheaper eg. if I break the law I can get a cheaper iPhone. Getting caught for breaking the law is a stochastic system, but the expected value is lower than most people think. Edit: How far are people willing to take this? Should we share an article saying someo…
The article excludes the cost of import duty, and other taxes (see daedalus's comment). It is a false argument to say that if I didn't pay tax things could be cheaper eg. if I break the law I can get a cheaper iPhone. Getting caught for breaking the law is a stochastic system, but the expected value is lower than most people think. Edit: How far are people willing to take this? Should we share an article saying someo…
Taxation is theft!
The article excludes the cost of import duty, and other taxes (see daedalus's comment). It is a false argument to say that if I didn't pay tax things could be cheaper eg. if I break the law I can get a cheaper iPhone. Getting caught for breaking the law is a stochastic system, but the expected value is lower than most people think. Edit: How far are people willing to take this? Should we share an article saying someo…
Taxation is theft!
what else...
Free oxygen is communism!
The article excludes the cost of import duty, and other taxes (see daedalus's comment). It is a false argument to say that if I didn't pay tax things could be cheaper eg. if I break the law I can get a cheaper iPhone. Getting caught for breaking the law is a stochastic system, but the expected value is lower than most people think. Edit: How far are people willing to take this? Should we share an article saying someo…
Taxation is theft!
> It is no secret that the taxes and duties that are applied to imported phones are highest in India. The taxes are so high that for an important iPhone that you will end up paying an average tax of Rs 24,000 for something like an iPhone 12 or iPhone 12 Mini. > However, despite the sky-rocketing prices, iPhone still sells best in India and the buyers give whatever price Apple asks them to pay. So for a business, that…
More like the government is incompetent for failing to use policy to move manufacturing to India and instead raising prices for the average consumer.
I thought high taxes are the incentive to start manufacturing or assembly locally.
I had a friend who was unemployed and really going through a shitty spell. Then the news that you could go to Miami buy a PS4 and resell here came up. He started doing this all the time, and then going to the parks and whatnot. Eventually he started living there and working in tourism. Finally, he arranged to bring the capital to open a tourism agency in Miami and stay there for good.
Last time there was a hurricane I texted him and he said "yeah, we boarded up the house; I'm living at a Disney hotel for the time being".
So that's what happens.
I wish the article went into the cause of the price difference. Is it high import taxes/sales taxes/etc., restrictions that make the phone harder to produce or sell for the Indian market, or just Apple deciding to charge a sizably higher markup in India than elsewhere?
Its mostly taxes and duties, though Apple products are generically costlier in India. When Apple used to charge for OS updates, if you paid in Indian Rupees it would be somewhat more expensive than you would expect for exchange rate considerations.
I live in New York. Thank God I quit smoking in 1980. A pack of cigarettes in New York costs about $15, in some stores, and no less than $10, outside of the local Native American facilities/reservations. That's almost all taxes.
> That's almost all taxes. I mean, that’s a good thing, right? Smokers should pay for the externalities their habit has on society as a whole.
"complete smoking cessation would produce a net increase in health care costs"
Same for Canada, often buying in the US is cheaper.