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I have no doubt RTO appeals to extroverts socially, but the sudden and seemingly coordinated push to RTO is about tax breaks: >New Jersey and Texas are states
by wildrhythms 2y ago
I have no doubt RTO appeals to extroverts socially, but the sudden and seemingly coordinated push to RTO is about tax breaks:
>New Jersey and Texas are states that stand out for spelling out exactly how often employees must work from the office to qualify for tax breaks. Before the pandemic, several New Jersey tax programs required workers to show up at least 80% of the time, and one Texas program set the threshold at 50%.
>Provisions like these were designed to ensure that the jobs boosted local revenue from income, sales and property taxes, and bolstered downtown economies.
https://www.bloomberg.com/news/features/2023-02-21/another-threat-to-work-from-home-tax-breaks https://www.bloomberg.com/news/features/2023-02-21/another-t...
- Spivak 2y agoYes but no one was ever going to check for each individual employee which is why it's so frustrating that some people were forced in. $Dayjob always gets the innovation tax credit and it's literally just "hey did you innovate? Y/n." RTO but if you're someone who really cares then stay home is a system that makes everyone happy— or at least nobody mad. After months of hand-wringing my work relented to this by having a medical exception that was broad enough that in practice anyone could get it.