Tariffs

Commenter simentt at my post Got An Old Hard Drive? tells me about a campaign going on in Norway to reduce the costs of goods imported to Norway.

Do you eBay?

There is a small campaign (Organized by the libertarian magazine 'Farmann', apparently on Facebook) going on to have people eBay all kinds of stuff for 30USD with a 'buy now' option enabled. The reason for this, is that the Norwegian customs service collects VAT for all imports above 200NOK (~33USD), and that this tax is waived for lower amounts.

Thus the above campaign to get a as large as possible market for 'no-tax' imports.

This USB-adapter would thus be tax-free from Amazon, while a device costing 40USD would be taxed (the tax is 25%, and in addition a 'handling fee' of another ~20USD would be applied).

The intent of the campaign is to have people offer up goods from WallMart and other low-price vendors at less than 33USD (depending on exchange-rates) on eBay and similar so that we Norwegians can benefit from low US prices, and US citizens can make a few bucks pr item on reselling them to Norwegians.

Which just goes to show the problem of "no feedback" accounting when it comes to government taxes and tariffs. Citizens will do as much as they can to thwart the efforts of government to steal their money.

If only those passing the laws took to heart the old libertarian slogan:

Taxation Is Theft
we might get some legislators who tried to increase tax revenue by growing the economy rather than just trying to increase the extortion rate.

In general the smartest people go into the sciences and mathematics. Then come the engineers. Followed by businessmen. And who goes into politics and crime? (what's the difference?) The dimmest bulbs on the block.

Cross Posted at Power and Control

posted by Simon on 06.22.10 at 11:48 PM










Comments

In general the smartest people go into the sciences and mathematics. Then come the engineers. Followed by businessmen. And who goes into politics and crime?

But you left out law!

Oh, I get it. Politics and crime....

:)

Eric Scheie   ·  June 23, 2010 9:17 PM

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