A research team at Deutsche Bank has proposed a solution for solving the economic crisis caused by Covid 19. They have determined that employees who are able to work from home are able to “still lead a full economic life”, therefore they owe it to other not-so-lucky employees to pay more taxes.
According to the report:
"That means remote workers are contributing less to the infrastructure of the economy whilst still receiving its benefits."
I can think of quite a lot of people contributing less to the infrastructure of the economy whilst still receiving its benefits. In fact, I can think of a large number of people getting richer during the Covid 19 epidemic while (whilst) not contributing anything.
The report goes on to say:
For them, the financial benefits of not commuting, buying lunch or dressing for the office, plus the flexibility and convenience, outweigh the stress of having to juggle family and work or cope with a makeshift desk.
To solve for this problem, he proposes a work-from-home tax on 5% of wages.
This is one attempted moneygrab that needs to go nowhere fast, and it certainly is not a bandwagon the rest of the world needs to jump on.