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Problem in Europe is that there’s always a chase against rich people, too. One could not build Apple in France, they would get mugged – at best you get laws aga
by tajen 8y ago
Problem in Europe is that there’s always a chase against rich people, too. One could not build Apple in France, they would get mugged – at best you get laws against the concentration of money.
Meanwhile you get benefits if your startup is in one of the approved sectors and employing doctorates. You don’t get money if you are just reusing proven tech like Apple does; You have to do research. That means we fund research a lot, while we tax implementation. I guess it’s mostly great for competing countries.
And thus, the economy is mostly guided in Europe, as opposed to innovative.
- fetbaffe 8y agoYes, and I think we can sum it up with Europe = old money, US = new money. It is hard to become rich in Europe, families that are rich became rich a long time ago.