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Tax working from home 'to support vulnerable jobs' – Deutsche Bank

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Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank

#151

Post by barumi »

damnencryption wrote: post #93
torben-friis wrote: post #35

This sounds like a horrible idea. Home work improves many peoples mental state, reduces time spent at work (if you count commutes), people's footprint in terms of pollution and allow for the redistribution of people that were clustered in big cities under asfixiating rent/home owning costs. Why on earth would we disincentivize it? >By working from home, people aren't paying for public transport or eating out at resta…

Someone posted this on HN: https://medium.com/technicity/big-banks-are-at-the-front-cen... Deutsche Bank placed number one in money laundering.

> Deutsche Bank placed number one in money laundering.

How does that ad hominem refute or support the claim that remote workers should be taxed to subsidize vulnerable jobs?

Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank

#152

Post by barumi »

pavel_lishin wrote: post #146
daniellarusso wrote: post #63

Earlier quoted context omitted.

Preserve the status quo at all costs. Is there a term for that?

Here's the thing, everyone arguing against this tax is arguing for preserving the status quo as well. This pandemic has changed our situation, on every level from global to local. It's foolish to pretend it hasn't. I would gladly contribute a larger share of my income as taxes to ensure my community doesn't suffer, provided it was distributed equitably (which is a whole other complicated discussion.)

> I would gladly contribute a larger share of my income as taxes to ensure my community doesn't suffer (...)

I would too, which is why I vote with my wallet and buy local, even at a premium, whenever I can.

However, income tax is the exact opposite of helping out the community, as it's designed to fatten up the central government's revenue which is then used up to feed the state's current expenditure.

Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank

#153

Post by barumi »

dwaltrip wrote: post #123
yonisto wrote: post #77

Earlier quoted context omitted.

We also need a name for those who wish to ruin everything good with taxation.

Examples of large, modern societies flourishing without the use of taxation?

> Examples of large, modern societies flourishing without the use of taxation?

This is a disingenuous red herring.

It's one thing to claim that some amount of taxes to finance public spending can be benefitial to society.

It's an entirely different thing to claim that taxing remote work brings any benefit to society.

Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank

#154

Post by barumi »

xlm1717 wrote: post #7
maxharris wrote: post #2

Instead of penalizing change, why not encourage it? When you work from home, you don't put anywhere near the carbon into the atmosphere that you would commuting. You also spend a lot less on lunch, and you don't need to put your children into state-run schools that are really there to function as daycare centers as much as they are to educate. If all of that office space in downtown areas stays dark, and the zoning l…

They can't help but penalize change. Work from home is a change that is resulting in much lower tax revenue, and they need new income streams to make up for it. "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." They simply need more people to "pay into the system" again.

> They can't help but penalize change.

I don't believe it has anything to do with change.

I believe it has everything to do with isolating a vulnerable subset of society to exploit them. Divide and conquer. They want a bigger chunk of your hard earned money, thus they fabricate a tall tale of entitlement to vilify and turn the peole against you, and proceed to rob you of your paycheck because they want your hard earned money.

Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank

#155

Post by marcosdumay »

darkerside wrote: post #142
marcosdumay wrote: post #119

Earlier quoted context omitted.

Cables are not exactly natural resources. By all means, tax the spectrum. Also work on making its distribution egalitarian.

The ground they run through certainly is

Yes, that's a good point.

That ground is 3D and plentiful (for cables) almost everywhere. When access to it is hard, it's usually because somebody is artificially restricting it. The solution is to stop restricting it, not to tax it.

Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank

#156

Post by dwaltrip »

barumi wrote: post #153
dwaltrip wrote: post #123

Earlier quoted context omitted.

Examples of large, modern societies flourishing without the use of taxation?

> Examples of large, modern societies flourishing without the use of taxation? This is a disingenuous red herring. It's one thing to claim that some amount of taxes to finance public spending can be benefitial to society. It's an entirely different thing to claim that taxing remote work brings any benefit to society.

I was responding to a comment about “ruining everything good with taxation”.

Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank

#157

Post by dwaltrip »

emteycz wrote: post #134
dwaltrip wrote: post #123

Earlier quoted context omitted.

Examples of large, modern societies flourishing without the use of taxation?

Examples of large, modern societies that gave way for new ideas instead of preserving the status quo at all costs?

Nothing “gives way”, yet things change now and then regardless.

It shouldn’t be taken for granted, of course. And we should aspire to make it easier for good new ideas to take hold.

Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank

#158

Post by White_Wolf »

HeyZuess wrote: post #148
White_Wolf wrote: post #144

huh? by the same logic: Should we put an extra tax "at source" for - online shopping to support high street retailers ? - electric car manufacturers to support the oil industry? - all renewable energy companies to support coal mines? There do you draw the line then?

> Should we put an extra tax "at source" for - online shopping to support high street retailers ? Some countries are losing revenue, especially where products are bought from overseas and are not subject to some kind of value tax such as VAT, Sales Tax, GST. So yes some countries are looking into how they can tax online shopping. Which this is not to support the retail industry, it is to prop up the Government's fund…

on the first 2 it's like you say. The third one was meant to underline taxing a new industry to support one on it's way out. Maybe I didn't pick the best example out there.

I do agree with taxation to a certain extent(within reason). Like you say: infrastructure is expensive to build and maintain. That being said I am not a fan of paying for major inefficiencies or/and taxes meant to discourage/favour one industry as opposed to another(including long term subsidies).

I personally find it absurd how much is really paid as % in taxes from the yearly pay of a normal employee(taxes paid by employee, employer, included in product pricing, etc). This would be one of the reasons I don't like taxation at source(would render offshores almost obsolete).

Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank

#159

Post by rad_gruchalski »

nivenkos wrote: post #19
maxharris wrote: post #2

Instead of penalizing change, why not encourage it? When you work from home, you don't put anywhere near the carbon into the atmosphere that you would commuting. You also spend a lot less on lunch, and you don't need to put your children into state-run schools that are really there to function as daycare centers as much as they are to educate. If all of that office space in downtown areas stays dark, and the zoning l…

It's Germany, penalizing change is what they do best. Paying a flat tax on all writeable media to fund GEMA. Having to use Sofortüberweisung for online payments, etc.

No, it’s not. Quote from the article: “... wrote Deutsche Bank strategist Luke Templeman.”

Looking him up on LinkedIn shows he is working in London since 2009, at DB since 2015, did an MBA in NSW, Australia and another one at LBS in London.

Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank

#160

Post by donw »

dwaltrip wrote: post #123
yonisto wrote: post #77

Earlier quoted context omitted.

We also need a name for those who wish to ruin everything good with taxation.

Examples of large, modern societies flourishing without the use of taxation?

Singapore and Switzerland both have very low tax rates (topping out around ~ 20%), and both are great places to live. Panama is nice as well, and they top out at 25%.
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