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by duaoebg
2179 days ago
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Brazil is a corrupt highly taxed basket case. I know plenty of people who left. The govt there tried to buy some software from me and then tried to tax the international sale by %40 after the price was agreed. I added the tax on top and they pulled out. I have a unofficial free for Latin America donation program for different software because of all the end users from there who can’t afford it. They write to me explaining their situation. I think a distinction should be made, if at all possible, between capitalism and corporatism. Brazil is pro-corporatist and anti—capitalist. This is common in Latin America with its crazy wealth distribution. |
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I'm not surprised. In general, import duties are around 60%, and that's not even the full story. The (foreign) company I work for sent me a development board once; when it arrived here I found out that, in addition to those 60%, I'd have to pay 18% state taxes. I was expecting this to add up to 78%, or even 1.6 * 1.18 = 89%, but in fact it's computed like (1.6 / (1 - 0.18)) = 95%.
Ostensibly, these tariffs are meant to protect the local industry from foreign competition. I heard that there are certain other countries trying to do the same; they should be careful what they wish for.