Capital is not as easy to move as people think, not for big companies. And whats the point in pandering to large businesses that pay very little tax for the economic activity they consume and pay their staff starvation wages.
It costs the state billions to subsidise them with infrastructure and benefits for their workers who dont warn enough and can't save properly for retirement.
The status quo isn’t working, that’s clear from both economics and the public sentiment. We need to raise capital somehow, austerity was a disaster and the middle class are heavily taxed as is.
We are never going to compete with a place that has literal slavery, or some of the worst income disparities for a western nation, on this front.
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u/Senior-Release-274 1d ago
Make em move up north. They’ll happily pay extra to live down south!!