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Analyst of Deutsche Bank: home office: Analyst wants to work at home tax

Analyst, Deutsche Bank
Home office: Analyst wants to work at home tax

A Deutsche Bank Analyst proposes to tax working from home in a home office best. Photo: Jens Kalaene/dpa-Central picture/dpa

© dpa-infocom GmbH

Anyone who works at home, has not only cost, but also saves money. So, an Analyst of Deutsche Bank, which proposes, therefore, a home-office-tax-see it – also in the sense of fair redistribution.

The policy argues just about ways to promote work from the home office – an expert of the German Bank on is now but a very different demand: A tax on home-based work, to assist with the money Weaker.

With his proposal, the Analyst criticism and outrage in social networks has triggered. Some Economist thinks little of the idea of a home office-tax.

“This is from my point of view, the intuitive sense of Justice of many against the grain, because many workers have in the home office tend to feel, to be financially punished,” says Jan Schnellenbach, Economics Professor at the Brandenburg Technical University in Cottbus. Sebastian Dullien, Director of the Institute for macroeconomics and economic research of the Hans-Böckler-Foundation, called the proposals on Twitter “oblique”.

The Analyst had brought in a short essay for the analysis and research Department of Deutsche Bank, DB Research, taxes for workers in the home office to the game. The author assumes that after the Corona-crisis, many people want to work from home.

“Working from home allows you to direct savings on arrival, lunch, clothing, and cleaning,” he writes. Costs would be incurred by the employees, mainly indirectly in the Form of “additional mental Stress” about the child care while working or in the worse facilities in the home workplace. “These costs should not be underestimated, they fade but usually in comparison with the benefits”, the report says.

For the economy, however, the work of thousands of people in the home office would be a major loss. For a long time the economy would have branches, such as retail as well as infrastructure around the work in the office developed. This way, the case of the economic problems are further aggravated. From lunch or the coffee Break jobs and companies depended precisely, is the Argument.

The author therefore proposes a tax of five percent on gross income. You should only be on the days collected, to be worked on also at home. In the case of a gross earnings of around € 40,000 in the year this will be around 7,50 Euro per home office-day. The state could take on this way of about EUR 15.9 billion in addition, according to the Analyst. With the money, then those could be supported, have a low income or work in the Corona-crisis have lost.

Finally, higher earners would have the opportunity to work from home. In many system-relevant Occupations with lower incomes, it does not give this choice, however, often.

This redistribution proposal is not new and is, in principle, shared by many Economists. However, the way Harrell. “I don’t think the justice points really understandable,” says BTU, a Professor of Economics quickly stream. “If you want to redistribute, then you can make the income. If someone in the home office working is not an indicator of economic performance.”

So Stefan Bach, a tax expert at the German Institute for economic research (DIW), sees it: “the Argument of equitable distribution of crisis costs, which is good, but you should measure the income and not about whether people in the home office sitting.” In addition, the political discussion currently going in the opposite direction.

In the Grand coalition is currently being debated, to provide the work to home on a new legal basis. New taxes are not as intended, but tax relief. Mobile Work, spare time, transport and CO2, for example in a paper from the Union group. On the other hand, costs for broadband access or materials. Add to this the higher costs for water and energy supply. These costs will not be mentioned in the essay.

There are already the rules for the recognition of a work room up to the maximum amount of 1250 Euro, writes the CDU/CSU parliamentary group. In the future, the employer should mobile Working costs are tax-free, even if individual elements, such as a broadband connection will also be shared with private.

Matthew Velter
Matthew Velterhttps://etrendystock.com/
With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

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