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gaius_baltartoday at 12:24 AM3 repliesview on HN

> 1. Never underestimate developing countries' governments' willingness to absolutely bend their people over to extract tax revenue (and then their corrupt representatives extract bribes on top of it)

As a Brazilian with a love for electronics and DIY, I feel this pain every day.


Replies

iririririrtoday at 3:00 AM

the 80% tax on electronics since the 80s was because brazil had a few chip foundries.

two of them started cloning cpus designs (8080 and 68k iirc). they sold well all over the (1st and 2nd) world (still no local market). until one company did a publicity stunt lying they had a full mac clone (it was an actual mac, but they did have something else).

then apple and others pressured the US state department, which pressured the brazilian gov with tarifs on oranges (most of the new elite created in the millitary coups were now big land owners and orange was the cash crop). They were so afraid of the tarifs that they closed both factories as requested, and added the import tax as a good will gesture on top!

and many (30%) brazilians today think another military coup will sort things out

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MAustriaGAtoday at 12:29 AM

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MArgentinaGAtoday at 12:26 AM

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