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”
I’m curious – strong protectionism is usually associated with far-left pro-labor government. Free market economics and low tariffs (here in North America, policies like NAFTA for example) are more associated with centrist neoliberalism.
What makes you suggest that high import taxes are a neoliberal policy?
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