Working from home after Covid-19 a privilege that must be taxed: Bank

Deutsche Bank undertook a survey to examine the major global shift toward remote work

Earning a living remotely is a privilege that you should be paying for, according to Deutsche Bank AG strategists. “Working from home will be part of the ‘new normal’ well after the pandemic has passed,” Deutsche Bank strategists led by Luke Templeman wrote in a note. “We argue that remote workers should pay a tax for the privilege.”

The strategists propose a 5% levy for those who work from home on a regular basis and not because of a government lockdown mandate. Such a measure could raise $48 billion a year in the US and about 16 billion euros