Tax on a range of staple foods was cut at the end of 2022. | Europa Press (Ricardo Rubio)
Palma01/02/2023 16:38
The Balearic vice-president, Juan Pedro Yllanes, has told parliament that the government has reported supermarkets in Mallorca and the Balearics for having increased prices of basic foods.
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Profiteering is still illegal. I compared 2 supermarkets in our area with the same goods bought in november last year and most items had increased, yet the vat amount had fallen in line with the new regs. IE €58 bill last year had a bigger vat constituent than the same bill this year for the same articles. The vat saved went to the supermarket only.
This is a byproduct of government getting mixed in with free trade. It goes rotten fast. Let capitalism do it's thing.