Deutsche Bank's WFH tax advice to governments
bbc.com/news/business-54876526
Deutsche Bank sees working from home as producing benefits to individuals, and proposes some of that benefit such as savings, increased time at home, etc be taxable and due to governments. DB believes governments can administer these funds in a way to benefit those who do not have WFH. Can anyone shed any light on why DB would produce this research? It's a nice thought exercise, but is this tone deaf?
Is DB going to be the resident expert to advise governments how to implement this tax and collect consultation fees for the know how to setup such an administration within governments. I'm about 1% into conspiracies, but this seems DB's attempt to start an annual fund raising / sausage making party of two with a bank and government.
They're cozying up to President Joe
It's just so hard to believe they'd market something like this. I can't understand if I am the crazy one, or if the wide audience out there truly believes this is something that should be done. Using their own logic, how about the government's public services don't have to deal with as many car accidents so they start returning money to us.
And a step further, now they're taking money away from the consumer, you think the consumer may have either:
1. spent that money on goods and services
2. saved the money and invested or deposited
Instead, the government is a better administrator of goods, they're thinking they will really administer those funds 1:1 to put back into other people's pockets? No way in heck, someone's getting paid to oversee it, some bank or consultant is reaping some millions for a contract to set everything up and in an already bureaucratic suck to monitor what's due and owed based on wfh days/year, some 3rd party provided is making more from an expanded contract for goods/services to oversee the new resource collection/validation. If the govermnet can prove they can 1:1 put money back into people's pockets in a way it's zero sum for the consumer's economy, then great, but I'm a doubter
He isn't president.
DB’a reputation just can’t catch a break.
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