Yes, you’re looking at ~92% tax right there. Final price jumped from ~113 dollars (584BRL) to ~220 dollars.
EDIT: A bit of clarification, when buying from abroad there’s a flat 60% federal tax if the thing + shipping price surpasses 50 dollars. Then there’s a state tax that can vary between 17-25%, which goes on top of the total taxed value. Part of the tax is literally “tax of a tax”
Worked at a trade expo years ago. Talked to Brazilians. Another issue they ran into is corruption.
They were doing their best to temporarily export stuff to Europe, but there were endless delays in Brazil, and sudden and unforseen ‘extra fees’ that needed to be paid to get stuff out of the country.
Guy wasn’t even angry anymore. Just sad. His fellow countrymen were undermining a Brazilian business out of sheer greed.
Incredibly short sighted too.
That’s business. Cash now. The rest is fuck you, cash now.
That’s not business, that’s corruption. They’re not generating any added value like business does, they’re parasiting on it.
That’s just capitalism, then
It is not, as government agencies are not for profit profit organisations de iure. On top of that it’s violating law, and debfacto stealing from both the citizen and potentially from the state itself. You can’t just throw ‘capitalism bad’ on any observation of shitty socio-economic behaviour.
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