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Because that famous EU welfare is funded via taxes. Having well performing companies funds your welfare system. Currently EU welfare systems are under massive
by Rinzler89 2y ago
Because that famous EU welfare is funded via taxes. Having well performing companies funds your welfare system.
Currently EU welfare systems are under massive strain and huge waiting lists due to ageing population and economy that hasn't kept up to fund it.
There's no free lunch here. You need big companies with scale that pay huge wages as those mean a lot more tax revenue. Saying no to that kind money out of some made up idealism is just silly copium.
The EU income taxes paid by a single FANG salary employee would be the equivalent of the taxes paid by ~10 average workers. Pretty sure Germany and every other EU country would like to have such taxpayers contributing into the welfare system and not say no to it.
Europe's share of global GDP gas been on a constant decline at the expense of US and Chinese growth. Yeah it's nice to have a better welfare system than China or the US, but how will you fund it in the future if you keep having less money? Political idealism doesn't pay your food and rent.
- lycopodiopsida 2y ago[flagged]
- Rinzler89 2y ago[flagged]
- lycopodiopsida 2y agoStop trolling and throwing around wild accusations. Here are your words: >You need big companies with scale that pay huge wages as those mean a lot more tax revenue. Now provide proofs that we need some big corps dodging taxes, including FAANG, and not more small and middle-sized business.
- Rinzler89 2y agoNo
- gizmo 2y agoYes, this is why European politicians are bending over backwards to get American tech CEOs to open offices in their countries.
- ericd 2y agoEven if a company doesn’t pay taxes, its masses of highly paid workers do. Each of those SWEs making $300k+ are paying more in taxes than the entire earnings of the average EU dev.
- Rinzler89 2y agoI still don't get why that's so complicated to understand that more well paid workers = more taxes for the state, and some are vehemently expecting a "source" for this.
- lycopodiopsida 2y agoAha, the cries of the once well-payed SWE laid off and replaced with some cheap hire oversea come up at least once a week for a year or two already. The funny thing about transnationals - they do not care about the society they operate in. But what about the rest, not these lucky SWE who had a good run for the last 10-15 years? How is it going, education, medicine, crime, inequality? All is splendid, I assume?