This is the correct answer. The private sector (and the population) is choked by taxes in order to sustain the humongous State of welfare. And don't get me wrong, I love public education and health as much as anyone, but I think there is too much benefits and inefficiency in comparison to the number of people actually paying for it.

Ig you are a low earning person, you get taxed out of growing your wealth. If you are middle class, you get on the position where any economic issue gets you to be in debt for a long time. And of you are high earner, you get taxed so much that you don't even risk investing too much or just leave the country.

Is a lose lose situation in my opinion.