Business • Economy

Deutsche Bank suggests a 5% tax on remote workers to help the world rebuild from Covid-19

In a report called “What we must do to rebuild”, Deutsche Bank suggests slapping a 5% daily tax on people who work from home and using the funds raised to subsidise the lowest-paid workers who are unable to work remotely.

Working from home meant that many people were saving on everyday costs such as travel, lunch, clothes and cleaning, as well as probably spending less on socializing. Subsidizing businesses that had no long-term future in this shift toward "human disconnection" made no sense for governments, Templeman said, but supporting workers who had been "displaced by forces out outside their control". At the same time, they retrain or figure out their next steps did.

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Card reviewed by: @christoph