Germany has LOWER corporate tax than USA..
Most IMPORTANT — German manufacturing corporations are rife with Engineers in top positions, instead of accountants like in USA. You will lots of CEO’s and executives with doctorate in engineering in Germany. They take a longer term outlook instead of bottom line for the next quarter.
Sadly, I am aware of it. We pay the highest corporate income tax rate in the world, it should be mystifying why people think taxes should be higher in order to keep these companies from leaving.
As an engineer the newly minted MBA is the bane of my existence. They are soooo stupid.
They follow the playbook of things they learned, set up their silly plan run it and it produces results. Then they get promoted and are long gone when the program hits the wall that we all knew was coming. We the experienced professionals have to pick up the pieces, and explain to upper management what went wrong. When you point out that the program was doomed from day one because it didn’t have a long term vision, the other MBA’s circle the wagons.