Tax working from home 'to support vulnerable jobs'

Re:Tax working from home 'to support vulnerable jobs' – Deut... by karolkozub on Wednesday November 11, 2020 @08:19AM (#25058102)

Taxes have many purposes, and one of them is incentivizing preferred behaviors. Why should we discourage working from home? Is wasting a significant part of your life commuting to work really that good for the society? It's certainly not for the environment.

Also, there are many hidden drawbacks of working from home – it's more socially isolating, the work-life balance suffers, setting up a home office may be costly. I can imagine such a tax making working from home not worth it for lots of people.

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Re:Tax working from home 'to support vulnerable jobs' – Deut... by LeonB on Wednesday November 11, 2020 @08:29AM (#25058183)

Working from an office is certainly good for keeping the price of commercial real estate high. And if you’re a bank who loans money to people who buy/build commercial real estate with that money, and then the value of the commercial real estate falls... well you’d be in for a giant world of pain.

If people can’t repay their loans you’re now stuck with something worth a lot less than all that money you gave out. OOPS.

I’ve been wondering what banks are going to do about this one. It’s a long term trend happening much faster than anyone could predict.

[ Parent | on HN ]