Re:UK's elite hardware talent is being wasted
by lotsofpulp on Monday January 20, 2025 @10:58AM
(#42769903)
Yes, but the two are related because increasing earned income tax and other taxes to fund non workers on people who do work sap the incentive to work in a manner that increases productivity (either via working more hours or working on hard problems).
Re:UK's elite hardware talent is being wasted
by constantcrying on Monday January 20, 2025 @11:03AM
(#42769968)
Absolutely, definitely those two problems can only be solved together. Although right now I see very little effort going in that direction. If anything social benefits and taxes are increasing.
Germany's progressive tax system also directly incentivizes working fewer hours, as the more you work the smaller your hourly wage becomes.
I made some comments elsewhere about the long term. It is delusional to think that it is possible to continually have jobs that pay significantly more than identical jobs elsewhere in the world.