161–170 of 204 posts
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Always the same ridiculous statement.
I mean we are still waiting for the European Apple or Microsoft or Google or anything of that scale aren't we? China has it's own version of all this stuff, where is Europe's?
They're monopolies or quasi monopolies.
China has their own because they block Apple Microsoft and Google, they are not competing with them.
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How do you divorce being a European principally from being willing to pay taxes? What part of being uniquely European do you value that does not fundamentally require taxes?
The problem with taxes in Europe are that the ultra-wealthy don't pay them. That burden is particularly focused on those who are high wage earners. If I look at my own country, as a high earner I'm paying close to a 50% effective tax rate (a little less with mortgage interest deductions). However the billionaire families who own the beer brewers, shipping companies and agraculture companies are paying well under 0.5%…
Perhaps you’re thinking of wealth taxes rather than effective tax rates? https://www.investopedia.com/terms/e/effectivetaxrate.asp
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I have to say, I visited Zurich once, and everything was clean, organized, civilized, and pretty. Friends told me taxes are high but you get great education, great healthcare, decent disposable income, and good transportation. If you get laid off, the state continues paying your previous salary for one (two?) years. If everything is taken care of me from taxes, why do I need money? Take it all.
Well, Zurich is everything but representative of Europe. Switzerland has much lower taxes and higher salaries than the rest of Europe.
Switzerland also has a wealth tax.
TLDR: Switzerland is not the low-tax fantasy wonderland many people believe it to be.
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The problem with taxes in Europe are that the ultra-wealthy don't pay them. That burden is particularly focused on those who are high wage earners. If I look at my own country, as a high earner I'm paying close to a 50% effective tax rate (a little less with mortgage interest deductions). However the billionaire families who own the beer brewers, shipping companies and agraculture companies are paying well under 0.5%…
Effective tax rates for European ultra rich seem to be ~50x that from my googling. Is there a source for the “well under 0.5% effective”? Perhaps you’re thinking of wealth taxes rather than effective tax rates? https://www.investopedia.com/terms/e/effectivetaxrate.asp
As a European I want mistral and EU to do well. But at the same time, I wouldn’t actually give up my well paid engineering job outside of EU to even entertain working for them in EU. Too low salaries and too high taxes.
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But working in UE gives you much stronger job protection. So, in a way, you get what you pay for.
But that is a the problem though. You get stronger job protection because its very hard to find a job. If you could find a new job quickly and if the job market was more fluid, you would only rarely need this sort of job protection.
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you get much more for your taxes than in the US though
True, I agree. But it does suck working in tech on a “medium” salary when your overseas colleagues do the same work and earn much more. What I probably miss the most about EU (apart from family) is good food.
> and a challenger to OpenAI Big claim. Apart from Mistral OCR, I didn't find any of their models remotely useful. They do have a chance to become sole AI provider for France as French are trying to break from US tech, not because their product is useful. Sounds like a cry to raise more money, which is inline with their initial pitch [0] [0] https://sifted.eu/articles/pitch-deck-mistral