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by vovavili
6 days ago
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Not surprising. All the Yandex people that moved over to here to the Netherlands that I know of are astounded about the insane difference in the tax burden between what they had in Russia and what they have in Western Europe (when their 5 year tax discount ends, that is). If the government takes the bulk of your income after a certain point, there isn't really that big of a push to create ground-breaking technology. |
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I'm skeptical that high taxes is a large reason to lose to California of all places. Maybe in some important sense CA has "earned" that via talent and funding density while NL hasn't (from the perspective of a company, to be clear)