Greg Dalgetty
In November, Frankfurt-based Deutsche Bank released a paper arguing that Covid-19 has made the need for a tax on remote workers “obvious.”
The premise behind the proposed tax is simple: remote workers who usually are higher-income earners have benefited financially from Covid-19 by not having to pay for a daily commute, dry cleaning, lunches out, etc.
Meanwhile, low-income earners have, in many cases, lost their jobs or can’t work remotely and have endured a higher level of risk during the pandemic.
“Those who can [work from home] receive direct and indirect financial benefits and they should be taxed in order to smooth the transition process for those who have been suddenly displaced,” the Deutsche Bank paper proposed.
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