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>> If every day is 1% harder for you than your competitor who will win? Your competitor. And in global markets where frequently 1-2 companies become the dominan

>> If every day is 1% harder for you than your competitor who will win? Your competitor. And in global markets where frequently 1-2 companies become the dominant player in a market this means you will not be a bit smaller. You will fight for scraps. Abandon all hope. The race to the bottom is over. Any country not bowing at the feet of ever tech founder will be relegated to third-world status by the end of the decade. Canada, Finland, Australia, the US east coast ... all are doomed unless they drop taxes and abandon all hope of regulating anything. But that just isn't how the world functions. All those countries that are "hard" on new tech surprisingly keep ticking along year after year despite the ire of tech founders. Think London/Paris/Berlin/Vancouver are too hard on business? Ok. Leave. Make room for all the people that are ready and happy to do business in those cities.

braiamp 3y ago
I see it more as the paragraph after that explains: that EU sells itself as a single market, yet there are different rules depending where in that "single market" you sit. In the US you kinda have the same issue, except that since the US is bigger geographically, you can create hubs that mostly share the same rules.
greenavocado 3y ago
Following this guy's logic, a country which the Western world has historically shunned, aggressively avoided investment in, and generally turned its back to for decades, Russia, should have completely folded and collapsed after being completely choked off from the world by sanctions imposed on it years ago.
- alephnerd 3y ago
  > Western world has historically shunned, aggressively avoided investment in, and generally turned its back to for decades Before 2020-22, Russia was a major tech hub in Europe, and most of that was because Russian founders would incorporate in the UK or Netherlands, but operate with a subsidiary within Russia.
  - greenavocado 3y ago
    Russia was absolutely NOT a major tech hub for anything but locals, come on. Warsaw was and is the only one out East.
ant6n 3y ago
As a startup founder in Germany, I am very unhappy about all the friction. „Just Fuck off“ is very unhelpful as an advice, or even as a basis for discussion, and mostly unrelated to the article posted.
- greenavocado 3y ago
  Marginal tax rate of 45% before 5.5% solidarity tax and 8%-9% church tax is why my HNW friends in Germany moved to Switzerland. There is also an exit tax if you try to leave the plantation.
  - raverbashing 3y ago
    the church tax is "optional" ;) And the 45% is at a high threshold (much higher than Ireland for example) though 42% will kick in at a lower % (and the 5.5% is a % on tax, not on the full income, which is a non-obvious aspect of it)

braiamp 3y ago

I see it more as the paragraph after that explains: that EU sells itself as a single market, yet there are different rules depending where in that "single market" you sit. In the US you kinda have the same issue, except that since the US is bigger geographically, you can create hubs that mostly share the same rules.

greenavocado 3y ago

Following this guy's logic, a country which the Western world has historically shunned, aggressively avoided investment in, and generally turned its back to for decades, Russia, should have completely folded and collapsed after being completely choked off from the world by sanctions imposed on it years ago.

alephnerd 3y ago
> Western world has historically shunned, aggressively avoided investment in, and generally turned its back to for decades Before 2020-22, Russia was a major tech hub in Europe, and most of that was because Russian founders would incorporate in the UK or Netherlands, but operate with a subsidiary within Russia.
- greenavocado 3y ago
  Russia was absolutely NOT a major tech hub for anything but locals, come on. Warsaw was and is the only one out East.

ant6n 3y ago

As a startup founder in Germany, I am very unhappy about all the friction. „Just Fuck off“ is very unhelpful as an advice, or even as a basis for discussion, and mostly unrelated to the article posted.

greenavocado 3y ago
Marginal tax rate of 45% before 5.5% solidarity tax and 8%-9% church tax is why my HNW friends in Germany moved to Switzerland. There is also an exit tax if you try to leave the plantation.
- raverbashing 3y ago
  the church tax is "optional" ;) And the 45% is at a high threshold (much higher than Ireland for example) though 42% will kick in at a lower % (and the 5.5% is a % on tax, not on the full income, which is a non-obvious aspect of it)