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Tl;dr. No, a 10-20% tax increase does not justify a 70% price hike. This looks like corporate greed.
In truth, the 70% was just one, low end product which could have been due to any number of factors. The other price hikes quoted were much more in line with the tarrifs.
An accurate answer would be “partly”.
They finally realized what people will actually pay for a devilfish
