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OpenStudy (anonymous):

what is often considered a negative effect of government regulations?

OpenStudy (praetorian.10):

TAXES

OpenStudy (praetorian.10):

jks

OpenStudy (praetorian.10):

they cut into company profits, they stifle competition, they cause higher prices for consumers.

OpenStudy (praetorian.10):

so here in Australia we have the GST

OpenStudy (praetorian.10):

which is 10%

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