Deutsche Bank thinks people should pay a 5% "privilege tax" to work from home

As someone else who slings code for a living, I don’t see why I need to be punished for a public health crisis that prevents me from going in to the office.

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You’re not being punished, Mr. Scrooge!

Are there no poor houses?

Sheesh.

Having a tax levied against me because I can’t leave my house is absolutely a punishment.

Tax Jeff Bezos.

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So, instead of taxiing those “fortunate” enough to be able to work from home, how about taxing those who make profit off the stock market, for essentially earning their money by wagering upon the efforts of those who do the real work?

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Deutsche Bank should pay a 5000% tax for financing dictators and criminals.

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Why not both?

Jeez. Have a little compassion for folks who are down on their luck.

I work 2 jobs and barely make ends meet. Maybe stop making assumptions about people and get the money from those who can truly afford to live without it.

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I have ALL the compassion for every regular cog; from those who lost their jobs, to those working from home, to those who are barely holding on working the front lines of this disease.

I have exactly ZERO compassion for anyone in Bezos/Musk/Zuckerberg’s tax bracket.

The rich can go fuck themselves, sideways - and they’d better hope like the hell the ‘bread’ never runs out, because “circuses” alone will not sway the hungry mob.

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Oh, is that why the mascot for the website where the general public can purchase German government bonds is a tortoise? It’s a pun! (Tortoise = Schildkröte, which translates literally as Shield-toad. Buying Bunds is a safe place for your money, so you’re literally shielding your toads.)

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I have compassion and I willingly give money to both organizations and people who ask for a small donation.

What would seriously help is to tax high income earners 5% rather than continually taxing the middle and the lower middle class workers out of existence.

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Tax that ass double.

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All right. I take it back!

Jeez.

I just want to help folks who are down and out because of COVID. I am NOT endorsing DB or any tax scheme that says the 1% don’t have to pay their share.

I’m just saying I want to help!

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DB’s idea was specifically to do this after the pandemic when people who really ought to be returning to their office desks outrageously insist on continuing to work from home instead – and thereby deprive the municipal transport authority, lunch counters, etc. of the money they would otherwise earn from them as commuters.

(Although as others have pointed out, DB’s real problem is almost certainly that on their books they have too many downtown office blocks by way of mortgages etc., and they don’t want companies to downsize their office space because they need fewer desks, and the bottom to drop out of the market for downtown office space.)

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The internet has been signaling, “millions of people will work from home at some point soon” since broadband became a thing many years ago.

If a massive financial corporation didn’t pay attention to that and plan for it, well, they deserve what they get.

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I think most of us here want to help. The point is that this kind of scheme (from the OP) puts that responsibility upon us “lowly” folks, while continuing to rape and pillage all the wealth from our ecosystem for the top .0001%.
It’s an ongoing scheme of externalizing all the costs of their economic systems while internalizing all of the profits. We can’t keep falling for it, even when we want to help.
(And we can still help, without falling for their crap.)

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Especially DB, who has been consulting with Oracle from the very early stages of video conferencing. DumBasses.

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Hey, Duetsche Bank! So why don’t you tap into your savings during these hard times?

You have been heeding your own advice haven’t you? You should have plenty enough to carry you through.

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From page 34; it’s almost impressive how carefully they lay things out such that only the sin of voluntary work from home be most overtly punished(employers who fail to maintain sufficient stocks of office space are also on the hook; but by a, presumably deliberately, less visible pre-paycheck tax mechanism).

First, the tax will only apply outside the times
when the government advises people to work
from home (of course, the self-employed and
those on low incomes can be excluded). The
tax itself will be paid by the employer if it does
not provide a worker with a permanent desk.
If it does, and the staff member chooses to
work from home, the employee will pay the tax
out of their salary for each day they work from
home. This can be audited by coordinating
with company travel and technology systems.

It’s cool though, because all those uppity office drones hunched over their kitchen tables are reaping the sweet, sweet, cash money savings of “forgone socialising”; and it’s so obvious that the benefits outweigh the costs of such trifles as “additional mental stress of juggling work and children, and dealing with an imperfect home-office setup” that no citation or serious discussion is needed.

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Thank you for doing the tldr.

All I want to do is help folks through this crisis - NOT endorse DB.

I heard about a telework tax effective only for covid out one ear on NPR which I listen to all day. It’s my background noise.

This tax wasn’t described as a permanent tax. ONLY for the current crisis.

I am happy to help.

If you all think a tax sucks, please give ideas.

Easy.

For the US: roll back corporate tax breaks from the Trump administration completely. Increase corporate taxes by the same amount for every company that took PPP money and still laid off workers.

Return highest marginal income tax rate and capital gains tax to pre-Regan levels.

Require that all US residents pay more tax in the US than anywhere else, or their US income tax matches the sum of all overseas taxes + $1.

That’s a good start.

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