Deutsche Bank proposes a 5% tax for people still working from home after the pandemic

[bone]

https://www.bloomberg.com/news/arti...d-by-record-before-lockdown-derailed-recovery

Britain is further below pre-crisis levels than any other G-7 economy

The U.K. economy expanded the most on record in the third quarter, a rebound that still leaves Britain’s recovery trailing behind the world’s major industrialized nations.

https://www.wsj.com/articles/uk-economy-grew-15-5-in-third-quarter-11605167031

Not so fast bone, until the Brexit decision, the UK had by a long measure the fastest-growing GDP in the G8.

 

[DiceAreCast]

You are missing the point here. The point is that those who can work remotely are disproportionately befitting from that while those who must work face to face don't reap those benefits. It's like building a small insurance pot to support those who work face to face and fall on hard times. Of course it's idiotic when you see the happiness level and safety nets of western social market economies and compare that with millions of people in the US who have got nothing left, no further opportunities or second chances...

1. The 5% "privilege" tax is an asinine idea. The idea is to 'social distance' and not intermingle and not spread the freaking virus. Why discourage or tax a practice that the governments are either encouraging or outright mandating? The COVID-19 or it's mutated progeny strains might be with us for who knows how long.

2. The UK economy is hot garbage and France is warm garbage and Italy is room temperature garbage. All of this social engineering and government overlordship is useless without a robust export market to feed the beast.

3. Keynes, Atlee, and Labour killed the UK post-W2 - why encourage this nonsense?

4. Even the US Left never thought up something this stupid.

 

[bone]

1. I think you are unfairly casting these "remote office" workers as high earners and that is far from the truth. Paralegals, IT Support, Sales, Customer Service, Government Civil Servants, all kinds and types are now working remotely.

2. Why is it always assumed that new taxes directly benefit those who are in need of help the most? There is very little evidence of that. Quite the opposite in fact. It just feeds a growing all consuming government bureaucracy.

You are missing the point here. The point is that those who can work remotely are disproportionately befitting from that while those who must work face to face don't reap those benefits. It's like building a small insurance pot to support those who work face to face and fall on hard times. Of course it's idiotic when you see the happiness level and safety nets of western social market economies and compare that with millions of people in the US who have got nothing left, no further opportunities or second chances...

 

[tomorton]

... Policies and ideas which apparently do not stifle innovation. After all the only covid vaccine in existence and which you will get to save your life and the lives of all those around you was developed by immigrants and second Gen immigrants in Germany. Exactly those people this idea would benefit.

I have literally no idea what you're talking about.

 

[Overnight]

You are missing the point here. The point is that those who can work remotely are disproportionately befitting from that while those who must work face to face don't reap those benefits...

That's total bollocks. They are saying that the people who are not utilizing the infrastructure should be paying an extra fee to not use it, to somehow "help those who are forced to use the same infrastructure."

That's like making people who work at home pay the congestion tax for the people who are actually driving into London. Why don't the people who drive into London pay the charge? After all, before the pandemic, that is how it worked. You drive into London, YOU pay the tax.

It would be like telling people who work from home on Long Island to pay the bridge toll charges for the people who are commuting into New York City and beyond to work.

NO!

 

[tomorton]

https://www.bloomberg.com/news/arti...d-by-record-before-lockdown-derailed-recovery

Britain is further below pre-crisis levels than any other G-7 economy

The U.K. economy expanded the most on record in the third quarter, a rebound that still leaves Britain’s recovery trailing behind the world’s major industrialized nations.

https://www.wsj.com/articles/uk-economy-grew-15-5-in-third-quarter-11605167031

I'm quite confident the UK will do badly in economic terms from leaving the EU for at least the first decade. After that nobody has a clue. But leaving / remaining was never an economic issue.

 

[CALLumbus]

Tried to find it for Germany, but there I don't have numbers but %. 15.5% of the population.
That would be for the UK (population 67,886,000) correspond with 10,522,330 people.
So UK has 35% more poverty. And Germany still has the East German heritage with a lot of unemployed people, if not the numbers would even be much better.

https://www.bpb.de/nachschlagen/zahlen-und-fakten/soziale-situation-in-deutschland/61785/armutsgefaehrdung#:~:text=Im Jahr 2019 waren in,bei 1.074 Euro pro Monat.

There you go, detailed numbers for Germania.

15.9% over the whole population.

 

[bone]

Britain makes me a little sad, because as an American I have a great affinity for her, as do many Americans.

Germany went one way (the abolition of price controls and Wirtschaftswunder) and England went another way after World War Two, and I'm afraid that cast the die for the future. Keynes, Atlee, the Labour Party, Nationalization. I wasn't even referring to Brexit in my comments.

I'm quite confident the UK will do badly in economic terms from leaving the EU for at least the first decade. After that nobody has a clue. But leaving / remaining was never an economic issue.

 

[CALLumbus]

I have literally no idea what you're talking about.

He is talking about Biontech. The company was founded by an immigrant who came from Turkey to Germany in 1970.

 

[Overnight]

Britain makes me a little sad, because as an American I have a great affinity for her, as do many Americans...

When yer feeling a little blue on Brittainia, you can always rely on the Python troupe to cheer you up!