When part of the price paid goes to tax. It can be value added tax, import tax, consumption tax, foreign goods tax..... This makes the product more costly than the cost of manufacturing the product. When a country imposes substantial tax, then the hard earned money goes to a third party and that money does not contribute to the satisfaction out of the product.
Value is also not present when the sum of its components is less than its price, with due recognition given to the services rendered to create that component.
No comments:
Post a Comment