Not really. Taxes are so high because people get a lot of things for cheap/free like Healthcare and education. In countries where this isn't the case (USA for example) you'd easily pay 2 to 3 times the salary to get the same developer.
In this case even only paying the main dev a US wage would be more than the taxes on everything.
In this case even only paying the main dev a US wage would be more than the taxes on everything.