You’re missing the point. It’s not a simple ‘high taxes bad, low taxes good’ binary—it’s a spectrum. The U.S. has a tax structure that allows wealth to concentrate at the top while failing to enforce competition, which actually stifles innovation. Meanwhile, countries like Germany, Sweden, Denmark, and Japan—despite having higher taxes—consistently drive innovation.

Germany leads in engineering and automotive tech (Siemens, BMW, Bosch). Sweden produces global tech giants like Spotify and Klarna. Denmark is a leader in renewable energy (Vestas, Ørsted). Japan? It revolutionized robotics, semiconductors, and high-speed rail while fostering companies like Toyota, Sony, and Nintendo.

The issue isn’t just tax rates—it’s whether a system allows new players to compete or just protects entrenched monopolies. The U.S. is increasingly choosing the latter.

It does. If you identify "innovation" differently. The American meaning of "innovation" is finding a way to force ten million people to pay you a dollar each. European innovation is, like, Mastodon, where you specifically cannot be forced to pay a dollar. This tends to not pay as well. This is because America selects for people who can get paid lots of money much more strongly than Europe does.