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Originally Posted by Josh
Only 35% of our tax goes to promoting our pearls which is aggravating considering that it was originally implemented for that.
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Ha! They are skinning the sheep, aren't they tax-ers! What else is new...
Good to hear more sides to the story, and there are at least tree in your story!
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Originally Posted by Caitlin Williams The worst Chinese pearls fetch very little and the best pearls fetch what they are worth. |
Are you a believer in free markets, Caitlin?
I'm not so sure anymore. At least, the ways various types of pearls are produced, sold and regulated seem to have something to do with prices, and perhaps quality. All quite interesting. Most likely quite a bit over my head too
That's why it is nice to have this little discussion on this thread!
Maybe the tax-ers have done their job establishing a 'brand' and should back off. But then, one could never expect those small, environmentally fragile islands to rake up production and compete in the lower end and survive. China has enough land and willingness to do whatever it takes to pump up all those pearls. Still.
Obviously, any regulation will leave some demand unfulfilled: for high end Chinese pearls and for low end Tahitians. It's the nature of the beast.
Blessed the bunch (of obscure consultants?)who will get to work out these policy conundrums!
The topic (pearls! pearls for crying out loud!) sounds so good, one might as well volunteer.
No worries, I'm over and out on this tempting bit.