Don’t fix it if it ain’t broke. But if it is broke, hiring a handyman to fix it might be just as expensive – if not more! – than just throwing it out and starting over. In Sweden, they’re hoping to implement a new method of taxing that offers some leniency for getting your items repaired, in order to help reduce waste. Let’s explore how the repair economy of Sweden could affect us right at home.
This icon indicates a link to a third party website not operated by Credence International Credit Unionor Credence Global Bank. We are not responsible for the products, services or information you may find or provide there. Also, you should read and understand how that site’s privacy policy, level of security and terms and conditions may impact you.
Options involve risk and are not suitable for all investors. Options investors may lose the entire amount of their investment in a relatively short period of time.
Prior to buying or selling options, investors must read the Characteristics and Risks of Standardized Options brochure (17.8 MB PDF), also known as the options disclosure document. It explains in more detail the characteristics and risks of exchange traded options.
November 2012 Supplement (PDF)
October 2018 Supplement (PDF)
You can also request a printed version by calling us at 1-630-413-3309.
Comment on this article
Comments
Claire on December 31, 2016 at 9:14pm
Your math doesn't add up. If every single person in the US averages $80 per year for shoes, even if the entire 4 person household shoe budget ($320) goes toward Mom's shoes, how do you get that the average woman spends 3 weeks of salary on shoes????? Unless the average woman only makes $100 a week?
Jason on January 1, 2017 at 2:17am
So according to the picture the effective sales tax rate of Sweden is 25%? So they're going to cut that into less than half to incentivize recycling? What happens to the jobs in the new shoe sector? If they lower demand for new shoes, do factory workers in Vietnam suffer?