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Deutsche Bank calls for a 5 percent 'privilege' tax on people choosing to work from home
The Hill ^ | Nov 11 | Alexandra Kelley

Posted on 11/11/2020 11:37:45 PM PST by RandFan

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To: angmo

“Or just have an address there and use a VPN from anywhere they want.”

In most developed countries, if you move you must register your new address with the government. Failure to do so makes you subject to a varying set of penalties depending on where you are. The government wants and needs for various purposes, your physical home location.

Where I live in Florida, land is allocated various different uses based on whether someone can sleep there. You can’t, for instance, have someone stay in a camper on property designated single family home. That’s because taxes are different on single family homes, multiple family homes, hotels, and commercial property.


41 posted on 11/12/2020 3:43:04 AM PST by Gen.Blather (Wait! I said that out loud?)
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To: RandFan

This is about Brexit.

And, if Trump wins, it ain’t dead, even if BoJo has sold out.


42 posted on 11/12/2020 3:45:45 AM PST by mewzilla (Break out the mustard seeds.)
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To: RandFan

I think Jim Reid and Luke Templeman owe each one of us reading this thread a 5% - from their own salary - aggravation fee. The two of them are nothing but a couple of oligarch wannabes. That Jim Reid has an autographed John Roberts poster in his dorm room.


43 posted on 11/12/2020 3:47:43 AM PST by Lauren BaRecall (I stand with Trump.)
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To: RandFan

Deutsche Bank does not design government policy. I can’t imagine why a commercial bank would waste time on a report like this.


44 posted on 11/12/2020 3:48:03 AM PST by DoodleDawg
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To: DoodleDawg

I wondered what on earth Deutsche Bank could possibly be getting out of this and the only thing I can come up with is either Soros is paying them or they’re doing it in the great spirit of, “Hey Yuchie, let’s see if this weather balloon can make it to the moon!”


45 posted on 11/12/2020 4:03:08 AM PST by Lauren BaRecall (I stand with Trump.)
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To: riri

Then 55, 50, 45.....


46 posted on 11/12/2020 4:07:53 AM PST by wally_bert (I cannot be sure for certain, but in my personal opinion I am certain that I am not sure.)
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To: RandFan
"For the first time in history, a big chunk of people have disconnected themselves from the face-to-face world yet are still leading a full economic life,” he added.

Prior to the industrial revolution, didn't 90% of people work from home, leading 'full economic lives'?

And I love how this tax will "generate" billions of dollars, magically. The word I would use to describe the magic is "take".

47 posted on 11/12/2020 4:13:48 AM PST by TimSkalaBim
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To: alexander_busek
"The $48 billion raised could pay for a $1,500 grant to the 29 million workers who cannot work from home and earn under $30,000 a year," said Luke Templeman, of Deutsche Bank.

They're assuming the government "cut" will only be 4.5 billion. Ha!
48 posted on 11/12/2020 4:21:50 AM PST by rightwingintelligentsia (Democrats: The perfect party for the helpless and stupid, and those who would rule over them.)
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To: RandFan

So how exactly is $49billion going to support those of us who work outside our homes each day? Doesn’t mention anything specific.

And for the stupidest thought of the day....this tax will go away when this virus is gone, right?


49 posted on 11/12/2020 4:43:24 AM PST by jughandle (Big words anger me, keep talking.)
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To: RandFan

Working from home will prove to be unworkable as controls to prove the actual work are put in place by employers

The fact is that people at home will be less productive and thus cost prohibitive.

Most workers are inherently lazy and incapable of working unsupervised


50 posted on 11/12/2020 4:52:52 AM PST by bert ( (KE. NP. N.C. +12) t Zip-a-dee-doo-dah, zip-a-dee-ay My, o. h, my, what a wonderful day)
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To: RandFan

But wait! Earth Mother Gaia is pleased that all those people are no longer commuting. Working from home should be encouraged not discouraged.

Sick ‘em Greta!


51 posted on 11/12/2020 4:53:14 AM PST by FLT-bird
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To: RandFan

WTF? When does a bank push for taxes????


52 posted on 11/12/2020 4:56:25 AM PST by Londo Molari
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To: Lauren BaRecall

Deutsche is suggesting this for every One and not just their employees?


53 posted on 11/12/2020 5:06:19 AM PST by gcparent (Justice Amy Coney Barrett)
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To: RandFan
As part of its “Rebuild” report, Deutsche Bank calculates that the average worker would not be any worse off by paying this tax because of the costs saved when working remotely, Business Insider reports.

Aren’t you happy that Deutsche Bank KNOWS how well off we all are? And what calculations did you use Einstein ?

54 posted on 11/12/2020 5:13:26 AM PST by wardamneagle
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To: RandFan

What is preventing Deutsche Bank from extending interest free loans at a low percentage to those lower income workers if they are so worried about them?


55 posted on 11/12/2020 6:04:32 AM PST by lastchance (Credo.)
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To: RandFan

“A 5 percent income tax for remote workers is justified primarily from the money saved between transportation and food, as well as the added flexibility working remotely creates.”

What about increased utility costs? People staying home will use more water and electricity.

I suppose the saying the savings could be set aside or invested is just crazy talk.


56 posted on 11/12/2020 6:08:02 AM PST by lastchance (Credo.)
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To: RandFan

“A 5 percent income tax for remote workers is justified primarily from the money saved between transportation and food, as well as the added flexibility working remotely creates.”

What about increased utility costs? People staying home will use more water and electricity.

I suppose the saying the savings could be set aside or invested is just crazy talk.


57 posted on 11/12/2020 6:08:37 AM PST by lastchance (Credo.)
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To: RandFan

Left-wing green fanatics have been trying to get people of of cars and commuting for 40 years. So now they will tax the people who fixed the problem?


58 posted on 11/12/2020 6:30:12 AM PST by Cincinnatus.45-70 (What do DemocRats enjoy more than a truckload of dead babies? Unloading them wthaith a pitchfork!)
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To: RandFan

Hey, what about the 30% White Privilege tax??? We need that too!


59 posted on 11/12/2020 6:36:18 AM PST by Lazamataz ("We beat the Soviet Union, then we became them." - 2005, my quote. I never knew how prescient I was.)
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To: RandFan

Reminds me of the taxman from the 1980s Popeye movie.


60 posted on 11/12/2020 8:07:26 AM PST by BiteYourSelf ( Earth first we'll strip mine the other planets later.)
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