People who work from home must pay an additional tax of 5% to support those who do not have this opportunity, analysts believe Deutsche Bank. “The tax on remote employees long ago we needed the coronavirus just made it obvious,” the BBC quotes Bank strategist Luke Templeman.
If you take the average salary of an American remote worker at 55,000 dollars a year, the five percent tax per day will be about 10 dollars – about this office employee spends on the road and lunch outside the home. In the United Kingdom, where the average salary of a remote worker is 35,000 pounds, the tax will be just under 7 pounds a day; in Germany, for a salary of 40,000 euros, it will be 7.5 euros. According to the bank’s assessment, in the USA such tax would allow to collect 48 billion dollars a year, in Great Britain – 6.9 billion pounds, in Germany – 15.9 billion euros.
“The virus helps those who work virtually but jeopardizes the livelihoods and health of those who can’t work like that,” Templeman said. He believes remote workers contribute less to the economy while continuing to benefit from it.
Templeman suggests spending new tax revenue on grants of $1,500 for the 29 million Americans who can’t work from home and receive less than $30,000 a year – many of whom are at increased risk during the pandemic, he said.
Similarly, in Germany, that money can be used to finance the poorest 12 percent of the population who earn less than €12,600 a year. The measure is also relevant for the British, who earn the minimum wage.