Dollar General Hits a Gold Mine in Rural America

Re:Dollar General Hits a Gold Mine in Rural America by zzleeper on Wednesday October 18, 2017 @10:05PM (#15504950)

I don't really see many factory goods made in Mexico on my day-to-day. Mostly, it's Chinese goods. Sure, Mexico produces machinery, etc. but remember that there is no VAT in Mexico when it's a firm buying the good, so the entire VAT thing becomes moot for most goods.

And the difference in costs wrt China is so large that even adding the 12% difference won't change things (12% = 17% VAT in China - 5.5% VAT where I live in the US).

[ Parent | on HN ]

Re:Dollar General Hits a Gold Mine in Rural America by Consultant32452 on Wednesday October 18, 2017 @10:10PM (#15504974)

The post I was responding to had an article specifically about a set of jobs going to Mexico. It's also worth talking about China, but that's not what this particular discussion was about.

[ Parent | on HN ]