I tried to cover this line of reasoning a bit in an other post in this thread.<p>No deep analysis from me, but very briefly looking at ROI of Google&#x27;s shareholders one can see it flows to investors worldwide, not the US in particular.<p>Taxes then... very minimal, and are mostly redirected through a Dutch-Irish tax scheme anyway, EU probably profits more than the US.<p>Employment, 50k or so, that&#x27;s significant for sure. But 40% is outside the US, and compare it say to Walmart which employs literally a couple million, and you&#x27;ll find tech companies in general don&#x27;t make large dents in employment figures.<p>As for actual services, there&#x27;s barely any difference. A European benefits virtually the same from Google&#x27;s products and services, albeit sometimes say the launch of the latest Nexus happens two weeks later in small European countries like the Netherlands.<p>Mostly I&#x27;d say the benefits are related to generating and disseminating your own culture, more political&#x2F;legal influence in worldwide companies, drawing talent to your country etc. These benefits are significant, but I don&#x27;t think Europe has anything to be alarmed about. Tech here is great, lots of solid companies with billion dollar valuations, solid infrastructure, but fewer unicorns. And that&#x27;s no surprise with the EU being, deep down, a fragmented market where the biggest first-language market is German which stands at 18% of the EU population. It&#x27;s not easy to roll out companies that grow to hundreds of millions of people in Europe, if the biggest language that people speak as a first language is only spoken by 18% of the union. European talent with great ideas that aim very large tend to go English first, and then move to the US at the earliest signs of solid traction. Everyone else stays, and that&#x27;s how you get lots of solid companies like Supercell with a few billion dollars valuation that are relatively small compared to a Facebook. That&#x27;s not a bad thing.