alt Hacker News> If your business is dependent on slave labor
There is no such thing as slave labor in the tech sector. Some countries offer a lower barrier to entry than others. The EU has a very high barrier to entry when it comes to taxation.
You can believe what you want, but I think every country's goal is to reduce taxation as much as possible for companies and for people. Unfortunately, the current in the EU is to keep raising them and give state more and more monopoly on services.
Replies
pjc50 • today at 12:41 PM
The assumption that a company can pay US tax rates while selling into the EU is perhaps one that should be questioned, like the ability to pay Chinese tax rates while selling into the US.
(see Apple Ireland)
EU doesn't actually have power to tax people, each government does its own taxation. They come up with agreements like minimum tax levels to prevent things like pretending to be in Ireland to avoid taxes in France but that's about it.
Most of the Europeans trust the government more that they trust the businesses and demand some services to be provided by the government and they all collect taxes accordingly. Some countries like Bulgaria have relatively small governments and do %10 flat tax for companies and individuals and other countries like France or Germany provide robust government services and safety net and do much higher taxation.