The share of investments made in the European chip sector shrank compared to worldwide spending, falling from around 10% in 2000 to 4% in 2010, according to the European Court of Auditors. Since then, the situation has not improved.
The share of investments made in the European chip sector shrank compared to worldwide spending, falling from around 10% in 2000 to 4% in 2010, according to the European Court of Auditors. Since then, the situation has not improved.
Entrepeneurs (translation, mostly dude bro type) don’t like to pay taxes or wages so they delocalize to parasitic societies like Estonia that allow tax residence while furnishing avenues for fiscal engineering to reduce effective taxation.
We need a harmonized EU fiscal code with a progressive corporate tax with per capita allowances ONLY if your workforce is EU based. Let’s see BOSCH fire 14k in Germany alleging headwinds only to then hire the same amount in India with a fraction of the labour cost. We need to stop our ruling class from committing wage theft by using slave labour abroad while collecting spending domestically! That’s not capitalism, it’s imperialism!