Hacker News new | ask | show | jobs
by VeejayRampay 3537 days ago
How do you define "very good tax rates" though? Is it the same thing as "low taxes"? Are high taxes in Northern Europe "bad taxes"?

Taxes are not theft you know, they're supposed to buy you and your fellow citizens things (health care, infrastructure, cheap education, services, etc), some of them highly beneficial to a startup.

1 comments

Depends on what you need, but from a startup perspective they are stiffing and offer very little in return, if you're not dependent on the local market you're just increasing costs.
Proper health care, good infrastructure, all those sorts of thing can make a difference if the startup wants to have local employees - or even if the founder wants to benefit from them.
If we're talking about supporting a family then having subsidized nurseries, good pediatric care, schools, social support structures etc. are definitely worth it.

If we're talking about single healthy people working for equity trying to cut cost of living in hope of big payout down the road then the difference between 40% and 10% income tax is huge and you're not really getting much out of your taxes.