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> Taxes are higher in Europe, which disincentivizes risk taking and ambitious individuals.

The implication is unproven.

Furthermore, most FAANGs dodge most taxes and have offices everywhere including in Europe, making your point moot.

> Labor productivity is also lower in Europe.

That has to do with US geopolitical influence. (and army).

> Finally, Europe still has a culture where software engineers, cloud architects/products/managers/etc. are viewed as code monkeys and the people who really matter in a corporation are the finance people and upper level executives.

That depends on the company. Again, there are european companies in US and US companies in EU... and yet the salaries are in no way aligned.

> Europe also suffers from a brain drain to the US (and Canada to a smaller proportion). Many of Europe's best and brightest software engineers have already emigrated to the US, leaving behind the less productive ones.

Analysis on most technical or important FOSS projects prove otherwise, with EU having the brightest.



> Analysis on most technical or important FOSS projects prove otherwise, with EU having the brightest.

Such as? All of the prominent Europeans I can think of live in the United States: Linus Torvalds, Bjarne Stroustrup, Guido van Rossum, etc.




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