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French lawmakers vote to slow down fast fashion with penalties (www.france24.com)

submitted 7 months ago by CAVOK@lemmy.world to c/europe@feddit.de

9 comments fedilink hide all child comments

France’s parliament on Thursday backed a string of measures making low-cost fast fashion, especially from Chinese mass producers, less attractive to buyers.

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[–] exanime@lemmy.today 0 points 7 months ago* (last edited 7 months ago) (1 children)

PS: to be fair, USA is very protectionist as well, it's just they only protect the 1%

[–] Mahlzeit@feddit.de 0 points 7 months ago

A tax like this will make the prices of some goods go up. Such price increases are measured as inflation.

This is a highly regressive tax. It's 50% on certain items below 5 EUR (soon 10) and less for items above that. Over the price, the rate goes down. For items at 50 EUR (100 EUR), it is only 10%.

Making cheap clothing in particular more expensive doesn't sound much like looking out for the 99%.