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by TacticalCoder 707 days ago
> Salaries in Germany, France and UK for those same roles are 2x or sometimes 3x higher than those mentioned in the article.

Taxation. At 2x or 3x in France you'd already be at 41% income tax bracket. Then 45%.

And of course a country like France doesn't just tax income: it taxes everything, to death.

You can be making 2x that of someone in Spain, if you pay 41% on that additional money, suddenly it doesn't really like 2x anymore.

In the UAE (say, Dubai: a very thought after destination by many) there was no income tax and if there's one now, it's mild (I think 0% on the first $125 K then 9% on money above that).

France is not a net importer of talent. It's exporting a shitload of engineers to SV and the UAE. France is however a net importer of underqualified people, many of whom do not find any work, putting a strain on the economy and giving politicians the idea of taxing people who work in France even more.

In 2023 the state's income was much lower than expected, which prompted Bruno Lemaire, the economy and finance minister, to cheat and fudge the numbers to try to hide the gigantic hole. French senate called him for it.

Yup: the situation in France is that bad they now have to cheat on the numbers they present, like Greece did (and we know how it ended up for Greece).

> This is certainly a factor for migration within Europe.

Seen the current political situation in France, I don't know who'd be foolish enough to want to move there at the moment.

1 comments

> France is however a net importer of underqualified people, many of whom do not find any work.

Any numbers on the visa for underqualified people? I'd be surprised if this statmeent is even remotely true for legal immigration.