Well they’ll have to get in line in the worry queue …lol
emp_sanfords_hardhat on
Restraunt business owners – _”Fuck regular people. Keep groceries expensive so they think we are cheap by comparison!”_
Comfortable-Floor603 on
Am I missing something? If food sales tax were set to 0%, couldn’t izakayas and other restaurants buy food at a lower cost, meaning they could just reduce the costs without it affecting the bottom line? Or are restaurants exempt / follow a different bracket when it comes to sales tax?
kjbbbreddd on
The consumption tax on ingredients will drop to zero, and since restaurant workers’ families will also benefit from lower food costs, this is likely just political propaganda. Besides, it’s worth looking at how other countries approach food-related taxes. If Japan were the only one doing this, the criticism might hold weight, but it’s not exactly an unusual policy on a global scale.
hobovalentine on
If anything it would be better for the economy if the sales tax on eating out is reduced because it would encourage more people to spend on local businesses rather than eating at home.
5 Comments
Well they’ll have to get in line in the worry queue …lol
Restraunt business owners – _”Fuck regular people. Keep groceries expensive so they think we are cheap by comparison!”_
Am I missing something? If food sales tax were set to 0%, couldn’t izakayas and other restaurants buy food at a lower cost, meaning they could just reduce the costs without it affecting the bottom line? Or are restaurants exempt / follow a different bracket when it comes to sales tax?
The consumption tax on ingredients will drop to zero, and since restaurant workers’ families will also benefit from lower food costs, this is likely just political propaganda. Besides, it’s worth looking at how other countries approach food-related taxes. If Japan were the only one doing this, the criticism might hold weight, but it’s not exactly an unusual policy on a global scale.
If anything it would be better for the economy if the sales tax on eating out is reduced because it would encourage more people to spend on local businesses rather than eating at home.