Distribution effects similar to universal income but with tons of distortions. This tax will have effect on people's decisions to work from home. Why not just pay for it with higher progressive income tax.
Tax working from home 'to support vulnerable jobs' – Deutsche Bank
191–200 of 201 posts
Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank
#192Such tax has a distribution effects similar to universal income but with tons of distortions. This tax will have effect on people's decisions to work from home. Why not just pay for it with higher progressive income tax.
Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank
#193[deleted]
Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank
#194This 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…
Who says we will go back to eating out in restaurants near work (why not near home?) and use the bike instead of public transport?
Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank
#195Instead 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.
Saving money? I spending more money than before I worked from home.
More money on electricity, heating, had to get better internet etc. Spending more on food as I am snacking and drinks more at home. It's not like the employers are sharing in this increased cost. The independent owned coffee place near my home is more expensive than the coffee can buy in the work canteen.
Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank
#196Earlier quoted context omitted.
How would you make sure the company doesn't gain influence on where its workers to live?
Certainly for an at-will contract they could have some influence, as they could always fire anyone who lives farther than, say, 10 minutes away. Then their challenge would be to find enough workforce within that 10 minute radius. For a low paid on-site job located in an expensive city center, that could be hard. I'm sure there would be all sorts of loopholes and weird situations in paid commutes. But there are also m…
Even without at-will employment, employers have ways to put pressure on their employees. "Prioritizing" them in layoffs, withholding promotions and training, etc.
Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank
#197Earlier quoted context omitted.
I was talking about the policies, not the organization.
If a bank proposes something, it's safe to say it's not socialism.
Not necessarily the case. It can be profitable today to be "woke", we already see banks moving in that direction to appease the SJW crowd.
Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank
#198Earlier quoted context omitted.
Because it's a stupid statement when there are companies that are making more money this year than they did ever before and that billionaires have increased their wealth by so much during this pandemic.
> Because it's a stupid statement when there are companies that are making more money (...) Again, that makes zero sense and is another blatant red herring. If the discussion is about taxing WFH to support vulnerable jobs, it makes absolutely no sense to waste time playing the whole whack-a-mole whataboutism game. If you don't want to discuss the topic under discussion, please refrain from commenting at all. You'll o…
The topic of the discussion is stupid. As I said in the earlier comment.
Don't tell me when or when I shouldn't comment because this proposal is a ridiculous proposal and I'm going to say it so.
Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank
#199The only way this could make sense if business increased wages by 5% for remote workers, so they don't have to rent such large offices etc and still get all this manpower.
Re: Tax working from home 'to support vulnerable jobs' – Deutsche Bank
#200Earlier quoted context omitted.
> 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.
Buying local isn't going to fund my school district or fix potholes.
US schools don't need more funding, they need to be burned to the ground.