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Re:Is Europe just not good at innovating? by oxff on Tuesday December 13, 2022 @01:26PM (#33973408)
We get taxed at 60%+ rates, have no energy and got trench warfare like it is the 1918. There's not much room for "innovation" in this hole.
Re:Is Europe just not good at innovating? by iso1631 on Tuesday December 13, 2022 @01:33PM (#33973551)
In reality in Germany the top level tax rate is 45%, which applies on income earning more than about $250k.
Re:Is Europe just not good at innovating? by pvaldes on Tuesday December 13, 2022 @04:18PM (#33975942)
Plus a 21% of VAT each time you spent an euro
Re:Is Europe just not good at innovating? by albert180 on Tuesday December 13, 2022 @06:02PM (#33977497)
Germany doesn't have and never had a 21% VAT. Please just google before spreading bullshit
Re:Is Europe just not good at innovating? by pvaldes on Tuesday December 13, 2022 @06:17PM (#33977682)
But most Europe has. Replace the value by the local VAT paid in your country and you will be able to pick the idea. In Europe you pay the normal taxes and then you pay "the other" taxes.

Saying that you "only pay X% of your income in taxes" is not the whole picture

Re:Is Europe just not good at innovating? by iso1631 on Thursday December 15, 2022 @05:55AM (#33997694)
10% sales tax in many states, upto 13.5% in some areas.

Vast majority of income is not spent on luxury goods attracting those high rates -- rent/mortgage payments, electricity/fuel, transport, etc

Re:Is Europe just not good at innovating? by pvaldes on Thursday December 15, 2022 @03:06PM (#34004917)
Don't focus in the percentage, is not the important concept here.

Is a luxury to replace the oil in your car? We pay a 21% more.

You can see it from a point of view of privilege and pay less, let say 4%, so you don't care to think about it, but this does not change the problem. The problem is that you are paying 4% more, without receiving anything for it.