CNBC: "Deutsche Bank proposes a 5% tax for people still working from home after the pandemic"

[Michilin]

https://www.cnbc.com/2020/11/12/deu...ent-tax-for-remote-workers-post-pandemic.html

• A Deutsche Bank survey found more than half of workers wanted to continue working from home for the 2-3 days a week after the pandemic.

• According to the Deutsche Bank Research report, a 5% tax rate on those days on the average salary of a remote worker could raise $48 billion a year in the U.S., £6.9 billion in the U.K. and 15.9 billion euros in Germany.

• This would cover the costs of grants for people who can't work from home and are on lower incomes.

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A research team at Deutsche Bank proposed that people pay a 5% tax for the "privilege" of working from home, if they continue to do so after the pandemic, as this could subsidize income lost by lower-earners due to the coronavirus crisis.

Deutsche Bank thematic strategist Luke Templeman said in the investment bank's Konzept research report, published Tuesday, that a tax on remote workers had been needed for years but "Covid has just made it obvious."

Working from home meant that many people were saving on everyday costs such as travel, lunch, clothes and cleaning, as well as possibly spending less on socializing. However, the report also said it meant remote workers were "contributing less to the infrastructure of the economy whilst still receiving its benefits."

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Someone may be way too invested in the real state market

 

[JB2448]

Deutsche Bank: people who work from home should pay more tax

Here's an article from the Guardian about a report from renowned good guys Deutsche Bank suggesting that because people are working from home they should pay more tax to offset the reduction in economic activity that they are generating...

www.resetera.com

 

[Mivey]

I'd say this is out of touch, but these are the people that think giving money to late stage Donald Trump is a good idea. By that standard, it's impressive they know normal people actually pay taxes.

 

[Deleted member 8852]

Whole lot of poorly thought out assumptions in that argument. No thanks.

 

[demondance]

The framing that people owe something to real estate developers, that all the risk should be offloaded, is absurd. Given this is a society where we allow regular people to lose absolutely everything and die of hypothermia or starvation. They want to treat real estate as an abstract investment? The let them take on any unexpected risk that goes along with that.

 

[Astandahl]

Clowns.

 

[Skiptastic]

Duetsche Bank Executive: "The world hates us for funneling cash to a scum bag like Donald Trump. But not EVERYONE hates us...how can we fix that?"

DB Intern: "I've got it!"

 

[rokkerkory]

Let's tax big banks instead

 

[Mariachi507]

Motherfuckers, I'll be more than happy to pay up after you do. Fucking snakes.

 

[JayCB64]

i propose they eat 5% of my ass

 

[Djalminha]

How about companies start compensating people for the cost of commute and include that time in their work day? Why are we using our free time to take a bus or drive to work and our own wages to pay for it?

How about we start heavily taxing banks and corporations instead of looking for ways to squeeze a few more dollars from workers?

 

[Chimpzy]

Ok, sure, I'd be willing to ... on the condition that for every day this tax exists we get to give a bank exec a free punch to the face