France’s parliament on Thursday backed a string of measures making low-cost fast fashion, especially from Chinese mass producers, less attractive to buyers.

  • Mahlzeit@feddit.de
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    8 months ago

    A tax like this will make the prices of some goods go up. Such price increases are measured as inflation.

    This is a highly regressive tax. It’s 50% on certain items below 5 EUR (soon 10) and less for items above that. Over the price, the rate goes down. For items at 50 EUR (100 EUR), it is only 10%.

    Making cheap clothing in particular more expensive doesn’t sound much like looking out for the 99%.

    • exanime@lemmy.today
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      8 months ago

      Well none of the measures to curve rampant consumism lead to cheaper prices

      I was happy to hear the side of slowing down “fast fashion” because it is Hot garbage

      But you are right, there are more aspects to this issue