Remote workers should be taxed for the privilege of working at home, Deutsche says

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According to Deutsche Bank Research, working in the comfort of your home saves money on travel, lunch and socializing, and offers greater security and flexibility at work, strategists said. However, remote workers are also contributing less to the economy’s infrastructure, potentially extending the collapse in national growth, they said.

“This is a big problem for the economy as it has taken decades and centuries to build the broadest commercial and economic infrastructure that supports face-to-face work,” Templeman said.

The proposed levy would be paid by the employer if they do not provide their employee with a desk, while if the employee decides to stay at home as needed, they would be taxed for each day they work remotely, according to Deutsche Bank Research. In the United States, strategists calculate, such a tax could pay a $ 1,500 subsidy to the 29 million workers who earn less than $ 30,000 a year and cannot work from home.

“It makes sense to support the mass of people who have been suddenly displaced by forces beyond their control,” Templeman said. “Those lucky enough to be able to ‘disconnect’ from the economy face to face owe it to them.”

Bloomberg.com