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Final-Fan on 03 January 2008
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Avinash_Tyagi said:
Grey Acumen said:
Isn't teh idea that this tax is applied to NEW goods bought? Not second hand? There are plenty of perfectly serviceable places where you can buy second hand goods, and then you don't get taxed at all.

 Second hand goods suffer from adverse selection, not a good thing


Also, expect used goods to suddenly become a lot more in demand for exactly that reason, and thus more expensive, until the price stabilizes at what I strongly suspect would be a LOT more than you think, Grey Acumen. P.S. You can't buy used food and gas. [edit: And don't expect great workmanship out of companies that know they're facing such stiff competition from their own secondhand product.]

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