The debate regarding the excise tax on basic foodstuffs in Estonia periodically arises, typically culminating in a focused discussion about the potential financial implications for the state. This is a valid concern. However, the answer is not as straightforward as it initially appears. Revenue generated from the tax is not solely dependent on the tax rate itself, but also on the overall response of the economy. According to Heiki Hallik, a baker and entrepreneur, “Kui” – meaning “if” – this factor is not adequately considered, a significant loss to the state could result. Topics: #heiki #hallik #kui Post navigation HEIKI HALLIK ⟩Should we learn from the Latvians? (2) HEIKI HALLIK⟩Kas peaksime lätlastelt õppust võtma?(2)