Subject:
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Re: Lego prices?
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Newsgroups:
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lugnet.general
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Date:
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Wed, 14 Jan 2004 16:14:32 GMT
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Viewed:
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832 times
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In lugnet.general, Pedro Silva wrote:
<snip>
>
> That however does not explain why LEGO in Denmark is more expensive than most
> anywhere else except for the UK.
I just came across this site:
http://www.workindenmark.dk/
Look around here, and one finds that health care is paid for (I think my health
plan co-pay just went up to $25 per visit, in addition to the premium taken out
of my paycheck), as well as many other aspects of life in a socialist state.
Unions, public safety.... all this costs money. They tax the people, they tax
the businesses. The businesses have to make money some how to survive. If
selling a toy (the best toy in the history of the universe, mind you) for an
extra $/EUR is how the merchants survive & country provides such a high quality
of life, that should be worth it. I read a glowing report on the low crime
rates in Denmark, and how the Queen walks around without a bodyguard. If I walk
into the wrong KMart at the wrong time looking for sale bricks, it's curtains
for Nicky.
I also read in one of the recent articles about TLC's loss that America accounts
for around 40% of TLC's revenues/profits/sales. If the way that figure is
achieved is by competitively pricing the product in a "high-stakes" market,
that's how economics work.
-Nick
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Message has 1 Reply:
 | | Re: Lego prices?
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| (...) To cut a long story short, VAT is not meant to fund healthcare. VAT is used for "financing" the EU and is redistributed in the form of (mainly) agricultural subsidies, but also the "convergency funds" that have allowed for infrastructural work (...) (21 years ago, 14-Jan-04, to lugnet.general)
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Message is in Reply To:
| | Re: Lego prices?
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| (...) Clarifying a bit: The tax you're referring to in the EU is VAT (Value-added tax), which is a percentage of every item you buy; it varies among countries and items, in my country it is currently 19% for LEGO - I would not be surprised if it (...) (21 years ago, 14-Jan-04, to lugnet.general)
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