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This is Why People Hate Banks: Deutsche Bank Proposes 5% Work from Home Tax

Opinion · November 11, 2020

In what can only be described as the world’s worst idea, some economists at Deutsche Bank have proposed taxing workers 5% of their salary if they choose to work from home.

In the linked story it goes on to say

By working from home, people aren’t paying for public transport or eating out at restaurants near their places of work, while expensive offices remain virtually empty.

Since when am I or any other contributing member of society obligated to spend their money? Why should people be taxed because they are not using public transport (many of which only use out of necessity, despite how poor it is in many countries).

The message they are trying to put out is, people working from home are not consuming and not consuming is bad for those who rely on people consuming. If anything, working from home has bettered our society.

Working from home means you’re contributing less carbon and greenhouse gas emissions, roads require less maintenance, pollution is reduced, waste and landfill is reduced as people are eating out and drinking takeaway coffee a lot less.

Some research suggests Deutsche Bank are heavily invested in commercial real estate, so that might give some insight into why they are advocating for such a tax, they are panicking and desperate. Sad.

This is why people hate banks and have serious trust issues. It’s all about money and this latest idea is just stupidity.

Dwayne

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tmac
tmac
1 year ago

As some economists “in the know” have said, the main reason for covid lockdowns was to get to a state where there would be a bailout of the “retail” real estate market. In 2008 it was the “residential” real estate. Glad I am flipping my property over to personal/private property before the Great Reset occurs.

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