Europe's tax system discourages hard work and new businesses

Same in large parts of Europe

Europeans are NOT lazy

But the tax system here actively discourages people from working harder because it literally makes them poorer not richer

And it discourages businesses from hiring more people to grow their business because the increase in tax and bureaucracy costs more than the increase in profits

The end results is you have no new businesses and the only businesses that have remained are generational family businesses started before 1950 that are closely tied to national governments and those people and businesses actively support those high taxes and bureaucracy because by avoiding the creation of new businesses it keeps them in power

But the idiocy of this protectionism is that at of course if you 1) don't have new businesses bringing innovation, 2) you essentially protect your old businesses, you will soon get outcompeted by better products from outside Europe

Which is exactly what's now happening to the German car industry for example, and that's kinda symbolic for the rest of Europe's industries now

You could fix this overnight by the way: agressively lower taxes and bureaucracy on a pan-European level, easiest way to do that is create a virtual pan-European legal space where companies can legally register (aka the 28th regime) instead of existing in their national countries, as well as letting people be hired in that legal space

Just by the sheer benefits of that legal space you will see most companies move there, and in turn you will increase federalization of Europe into a US-like entity while at the same time making Europe one of the most attractive places to do business

Of course this likely won't happen because we have idiots in power now and no real democracy in Europe due to the terror of the European Comission

But if we wanted we could

Originally posted on X