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First of all, the 25% in the US is on top of what is taken in Europe. The US has pretty insane taxes. Secondly, Europe is looking more kleptocratic, and while m

First of all, the 25% in the US is on top of what is taken in Europe. The US has pretty insane taxes. Secondly, Europe is looking more kleptocratic, and while maybe he can afford to pay up today, who knows what they might take in the future? Would you be willing to put your money into Venezuela even at 0% tax?

melvinmt 10y ago
It's not as if you would move your money out of Europe they suddenly can't hit you with taxes anymore. If you want to keep doing business in the EU, you'll need to comply with EU rules (and yes, pay taxes).