4 ms·

At least in the US, this isn't true, tax rates have fallen over the last 40 years https://taxfoundation.org/us-federal-individual-income-tax-rates-history-1913

• qwerty1234599 6y ago
  Talking about Europe here
  • bleppoblepis 6y ago
    What makes Europe unique such that the proposition that lowered taxes would lead to greater Millenial success holds true, when the same low-tax policies applied in America seem to have yielded similar results to the European approach? If this seems like a leading question, it's not intended to be--I'm American and curious about the potential variables at play here that I'm not aware of.
    • LoSboccacc 6y ago
      the European market is a disaster for investment and entrepreneurship, that's what's holding millennial back. your average SMB reach is often regional, and the bureaucracy structure makes almost impossible for garage operations not only to go above national, but to even exist. like in sports, the size of the talent pool matters, and with an unbearable cost for entry entrepreneurship almost s losing proposition unless if under the heels of some financing partner whims, as it's the only realistic option to sustain the bottom line costs from handling vatmoss, letters of taxations and the other billion historical bureaucratic commitments
      • tubularhells 6y ago
        The bureaucracy part is not true in the Netherlands. Making a business and administering is easy here. In Germany, it's a nightmare.