There’s quite a lot of commentary out there about Deutsche Bank’s idea that people who work from home should pay an extra 5% tax. There’s no commentary – that I can see at least – that points out why this is stark staring made, positively insane.
DB has forgotten their basic economics which isn’t, perhaps, what any of us really want in a bank.
The idea is simple enough. If you work from home then you’re privileged. There are those who cannot work from home, or who are going to be hit by your working from home. So, tax you to pay them.
So far just foolish but then we get to the justification:
He also argues that remote workers are contributing less to the infrastructure of the economy “whilst still receiving its benefits”.
Quite ferociously twattish there I hope you’ll agree. That contributing less isn’t that they are paying less tax already or anything. No, what is meant is that they’re not buying bus tickets therefore they’re not contributing to the bus system. They’re not buying a sarnie for lunch therefore they’re not contributing to the infrastructure of Pret a Manger.
Which is insane. Because if people are using that sandwich and bus infrastructure less – the point being made – then we need to have less of that bus and sandwich infrastructure. Which means we need fewer people paying for it.
Think through his argument again. The people who do go to work on a face to face basis aren’t using broadband as much as those working from home so they must be taxed to support the broadband infrastructure they’re not using.
Quite, it’s idiocy, isn’t it? But then Germans have always had an odd idea about economics. They really do think that bureaucracy works, their experience twisted by the manner in which if your staff the bureaucracy with Germans it almost does. What should really worry us here of course is that no major media outlet has called out this twattishness – but then we sorta knew that the papers don’t know any economics, eh?