Wednesday, November 11, 2020

Deutsche Bank research [tax home workers]

Site.
 Deutsche Bank Research: Tax Home Workers 'To Help Those Who Cannot' (bbc.com) 183
 
Posted by msmash on Wednesday November 11, 2020 @03:10PM from the how-about-that dept.

An anonymous reader shares a report:

Working from home should be taxed to help support workers whose jobs are
under threat, a report has suggested. Deutsche Bank Research suggests a
tax of 5% of a worker's salary if workers choose to work from home when
they are not forced to by the current pandemic. The tax would be paid for
by employers and the income generated would be paid to people who canno
t work from home. This could earn $48 billion if introduced in the US and
would help redress the balance, the bank says. It argues this is only 
fair, as those who work from home are saving money and not paying into
the system like those who go out to work. In the UK, Deutsche Bank
calculates the tax would generate a pot of $9.1 billion a year, which
could pay out grants of $2,640 a year to low-income workers and those
under threat of redundancy "For years we have needed a tax on remote 
workers," wrote Deutsche Bank strategist Luke Templeman. "Covid has 
just made it obvious. Quite simply, our economic system is not set up
to cope with people who can disconnect themselves from face-to-face society."


I don't know what I have to say on new taxes as of yet. The lifestyle of the home worker should be enough to pay for it. It's hard enough as it is.

No comments:

~/.history