Because technology is a global industry and if you can’t compete with these workers you surely won’t be able to compete with these workers when the company that was willing to pay them $150k to work in San Francisco can pay them $50k to work out of Romania.
Instead of that individual now paying 80-90% of their income to US taxes and US businesses and saving the rest in U.S. banks providing even cheaper capital for US businesses, they will be doing the same in Romania.
And worse, if that person does create a new startup, the majority of employees hired will be in Romania, and only a tiny fraction would be Americans who moved there to work for that company, and would be competing with American companies with a much lower cost basis.
Instead of that individual now paying 80-90% of their income to US taxes and US businesses and saving the rest in U.S. banks providing even cheaper capital for US businesses, they will be doing the same in Romania.
And worse, if that person does create a new startup, the majority of employees hired will be in Romania, and only a tiny fraction would be Americans who moved there to work for that company, and would be competing with American companies with a much lower cost basis.
But hey, Romania will be pleased for sure.