Posted on September 5, 2015 by Martin Armstrong
The Solution 90 minute CD was shipped first class to me on 07/23/2015
The Brazilian tax authorities held onto it until 08/30/2015
I received a telegram from the Brazilian post post on the 09/03/2015 asking me to go the the post office and pick up the package
Total taxes were 74.73 Reais
Even at today’s exchange rate of 3.8 this means 19.66 dollars on a 30$ CD
65% of government taxes………………….
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