Currently EU welfare systems are under massive strain and huge waiting lists due to ageing population and economy that hasn't kept up to fund it.
There's no free lunch here. You need big companies with scale that pay huge wages as those mean a lot more tax revenue. Saying no to that kind money out of some made up idealism is just silly copium.
The EU income taxes paid by a single FANG salary employee would be the equivalent of the taxes paid by ~10 average workers. Pretty sure Germany and every other EU country would like to have such taxpayers contributing into the welfare system and not say no to it.
Europe's share of global GDP gas been on a constant decline at the expense of US and Chinese growth. Yeah it's nice to have a better welfare system than China or the US, but how will you fund it in the future if you keep having less money? Political idealism doesn't pay your food and rent.
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