Posted on 11/13/2020 3:37:12 PM PST by RightGeek
The coronavirus pandemic has devastated the service sector, made millions unemployed, and forced many of us who still do have jobs to work remotely. Fortunately, we now have a perfect solution to all this economic dislocation and disruption: a new tax on working from home!
This week, the German financial giant Deutsche Bank released a new report full of proposals for how governments and corporations should respond to the pandemic. Included in the report is a call for a 5 percent tax on the incomes of people who work from home in places where the government is not advising or forcing people to do so.
"For years we have needed a tax on remote workers—COVID has just made it obvious," writes Deutsche Bank's Luke Templeton. "Remote workers are contributing less to the infrastructure of the economy whilst still receiving its benefits."
Those who have the privilege of telecommuting are reaping rewards hand over fist in the form of less money spent on transportation, restaurant meals, and dry cleaning, argues Templeton.
Who loses in that scenario? Service workers that once catered to downtown desk jockeys, and who now are suffering depressed wages or even unemployment as those office workers spend money closer to home. To right this wrong, Deutsche Bank is proposing a 5 percent tax on remote workers' salaries. This tax would be paid by the employer if it requires people to work from home, and it would be paid by the employee if he or she voluntarily opts into the arrangement.
A 5 percent tax on remote workers' income, which would net about $10 a day per worker on average, according to Deutsche Bank, would make sure no one benefits too much from using their home as an office.
(Excerpt) Read more at reason.com ...
The income tax is immoral. Past it on....
All these people should be able to deduct business expenses for the use of space in their home.
If you walk, we’ll tax your feet...
Seattle is already trying a variation of this and I wouldn’t put it pass them to tack something like on as well.
Not even close. Businesses save tons of money once the shrink or re-purpose their space. NOT TO MENTION since I'm sure Germany is on the fake climate change bandwagon, they should be PAYING people to stay at home for reducing carbon and uncrowding the cities and reducing pressure and wear and tear on infrastructure.
You could list a billion other things. Go home losers!
No. They should get tax credit. Not a deduction.
Good Grief.
I think we should be able to write off the personal expense and disruption it causes to our households.
Many of us who have been working from home for these months have been more productive than we ever were on-site.
Tax his land, Tax his bed, Tax the table at which he's fed.
Tax his tractor, Tax his mule, Teach him taxes are the rule.
Tax his work, Tax his pay, He works for peanuts anyway!
Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties, Tax his shirt, Tax his work, Tax his dirt.
Tax his tobacco, Tax his drink, Tax him if he tries to think.
Tax his cigars, Tax his beers, If he cries tax his tears.
Tax his car, Tax his gas, Find other ways to tax his ass.
Tax all he has, Then let him know, That you won't be done till he has no dough.
When he screams and hollers, Then tax him some more, Tax him till he's good and sore.
Then tax his coffin, Tax his grave, Tax the sod in which he's laid.
Put these words Upon his tomb, 'Taxes drove me to my doom...'
When he's gone, Do not relax, Its time to apply the inheritance tax.
would I have to?
Notice how the government gets the tax not the affected service workers.
Embrace the suck, comrades!
since corporate elites come up with this crap maybe we should just raise taxes on them. Funny how the more we cut their taxes the further left they become.
Lets say you are salaried, at $150K/year. At that point the 5% tax is $7,500/year, or roughly $3.75/hour = $30 / day. I know a lot of people making that much, but very few that average that amount in what they consumer (gas/coffee/food) each day. The other component of this is that the plan is to charge this tax permanently, but sell it based on giving 29M people a one time payment of $3K
No they should not. This has to be one of those stupid RAT ideas to steal people’s money.
Well, I believe they already are, if that's their main work location, but the employer should be compensating them for the use of a portion of their home, plus office costs like toner, etc., unless they're providing those items.
Welcome to Progressive push
As an essential worker having to go into work we should get some kind of tax holiday for our willingness to take all the risks.
I would say, “Now I’ve heard everything”, but I’m sure they’re just scraping the top of the barrel.
F’in German socialists. A tax is always the solution. They can go F themselves. I have zero tolerance for people on the left, that includes a hell of a lot of wussy Republicans.
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