Showing posts from November, 2020

Why working-from-home tax is a bad idea

First of all, I have to admit, I am not a professional economist, tax-expert or politician. Even though I do have basic economic education, I might miss some obvious things. Nonetheless, I think that the idea of additional tax based on where people decide to work from (which is a `telecommuting` in this case) is not a very sound suggestion Like many other people, I am working from home now. The biggest difference in my case is that I was working from home before and I intend to work from home in the future. I don't mind (in fact, I strongly support) seeing my colleagues once a week or several times a month, but I don't think it always makes sense to be collocated to work effectively. This morning I saw the story posted by the BBC:  Deutsche Bank: Tax working from home 'to support vulnerable jobs' , which suggests introducing a new 5% tax for those, who choose to work from home. I am not going to copy the story here, please feel free to check it yourselves, but I