MobileRead Forums - View Single Post - Amazon faces class-action lawsuit over eBook pricing

DNSB · 01-31-2021, 02:42 PM

My personal experience from when the Canadian Federal Sales Tax was removed as a hidden part of the retail price and became the Goods and Services Tax was that only the higher ticket items such as automobiles reduced the price to the consumer by the 5% of the old FST. Very few other vendors saw it as anything but a chance to add 5% to their profit margin. A few newspaper articles about it but a year later, no one seemed to care anymore.

01-31-2021, 02:42 PM	#101
DNSB Bibliophagist Posts: 46,997 Karma: 169810634 Join Date: Jul 2010 Location: Vancouver Device: Kobo Sage, Libra Colour, Lenovo M8 FHD, Paperwhite 4, Tolino epos	My personal experience from when the Canadian Federal Sales Tax was removed as a hidden part of the retail price and became the Goods and Services Tax was that only the higher ticket items such as automobiles reduced the price to the consumer by the 5% of the old FST. Very few other vendors saw it as anything but a chance to add 5% to their profit margin. A few newspaper articles about it but a year later, no one seemed to care anymore.