Liege Evilmus wrote:Well, People who know more than me on this matter can rant and point out flaws in this all they want. And yes forgien countries...
There's no flaw, not sure why you needed the attitude though. You raise an issue, expect people to not agree with it. Shame on you for not knowing that.
But you are right, the US has been lucky.
Personally speaking as an Australian, we've been extorted left right and centre. 2000 saw a drastic overhaul in the taxation system which saw a number of unlabelled taxes removed and replaced with one, the goods and services tax. 10% on pretty much everything (barring residential rental, certain government services and food which needs preparation).
However, even though we were getting slugged 10%, the removal of all the other taxes meant prices should actually go down.
And they did on a number of items, tv's and other audio/visual equipment in particular saw a marked reduction.
Toys like Transformers however, no such luck. The price stayed the same and with the increasing cost of fuel the prices have gone up again. In fact I personally pay about $1 more than Trunksy. Why? Because he's in a capital city while i'm a good 24 hour drive from a capital city.
Getting back to taxes though, not all taxes were removed. In fact the "fuel excise" (a tax on fuel for whatever reason) was increased. But the whammy here is that the excise it's self is also subject to GST.
So i'm not sure how much the taxes have changed in the US over the last 20 years, but Australia has had a fair few and on top of that, retailers marking up their own prices to match the removal of old taxes. The Government was going to monitor such things but i'm sure TF's back in 2000 weren't a high priority.
Inflation probably is a bullshit excuse. I blame taxes and retailer greed for Australia's ridiculous prices.