The debate regarding the excise tax on basic foodstuffs in Estonia periodically arises, typically leading to a concentrated discussion around a central question: what financial loss would the state incur? This is a justified inquiry. 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 considered, the situation becomes more complex.

Topics: #heiki #hallik #kui

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