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RE: Enabling the Earner

in LeoFinance2 years ago

I remember when eCommerce really started to kick off. One of the biggest benefits of the whole thing was the fact that you didn't have to pay taxes on any of your purchases. It is still that way to some degree, but for the most part they found a way to tax it now. We will or are seeing similar with Crypto.

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Or in Finland, get double taxed if coming from outside the EU. Tax on purchase and then, tax at customs. A $100 pair of shoes from the US has something like 20% tax on it? That is put in the cost of the shoe online. So, once here, the 100 plus the shipping costs of what is normally 35 dollars gets taxed at around 28% again. So, 37 dollars more tax on top....

Yikes! That is pretty horrible.

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