this post was submitted on 02 Sep 2024
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Romania's Ministry of Agriculture is working on an emergency decree to limit the markup on Romanian food products to 20%.

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[–] subignition@fedia.io 10 points 2 months ago (1 children)

Profit limits of 10-20% across all sorts of essential industries would be good, I think.

Have some kind of progressive tax incentive where if your profit comes in under the limit you get a tax credit, and if your profit is over the limit you pay higher and higher taxes until it's quickly not worth it anymore.

I don't know the details, but some system where responsible businesses are better off overall than exploitative ones...

[–] Duamerthrax@lemmy.world 1 points 2 months ago (1 children)

Yeah, is this cap going to extend to the input costs the farm has to deal with? This is just pushing the problem down the road.

[–] subignition@fedia.io 1 points 2 months ago

Eliminating bullshit on the costs side of the equation is also important work that should be done.

It's worth noting that profit margins for farmers are a LOT thinner on average than the limits I spitballed above. You can't quite get from raw prices to profit margins directly, but the further away you get from the farmers, the more bullshit there seems to be.

[–] Mvlad88@lemmy.world 10 points 2 months ago

We have elections this year.

[–] Syntha@sh.itjust.works 6 points 2 months ago

Just try it one more time bro, it will be different this time, bro, I swear price caps will work this time just try it bro