serious question: how is this different if you live in the city making X amount and then move to the suburbs where X is now supposedly 2X.
In my head we all pay the dues somewhere in some form to begin with - property taxes, sales taxes, income taxes etc.
It’s one thing if you’re avoiding paying those.
but how is it different that Twitter gets a tax write off to move to the Tenderloin. and if Joe/Jill chooses to move to the suburbs or temporarily move to Mexico while still paying state and federal income tax. sure there maybe some property tax loss but isn’t housing crisis already an issue? don’t company incorporate in Ireland to pay less tax?
California has already started to try to tax people leaving, if I remember correctly. Something about the value of investments sold afterwards that appreciated during their time in California.
It's only going to get worse as the differentials increase.
In the US a majority of your taxes go to federal and state governments, whether you live in the city or the suburbs doesn't change where your taxes go and how much you're paying. The cost of living difference in that case is based on micro-economic supply and demand cost differences.
Companies moving to Ireland IMO are definitely exploiting tax loop holes and committing fraud. You and I and all of the countries devoid of tax revenue are hurt by companies benefiting from tax-avoidance loop holes.
This is just another ploy to get employees back to offices. One thing I don’t understand is the tax implication and where you’re allowed to work from.
I’m based out of a company in the US that was proactively working towards remote environment before the pandemic. One thing that struck me as odd was that even within the states I would be technically illegally evading taxes if I worked from Nevada for instance - for a month let’s say due to need in change of scenery. Even with a country I cannot technically and legally be remote.
The laws need to change here are the antiquated tax laws. I don’t understand how if I want to work from Florida for part of the year to avoid the winter is a tax / insurance liability for me or the company.
The last point really hit home for me. What if you have family abroad - either healthy or otherwise - and you want to spend more time with them. would these companies want be to take one month off or rather work?
I understand that people using this to move permanently is a an issue. But the people that have a permanent base but would like to occasionally work from elsewhere need a better framework and set of laws. The physical borders don’t make much sense in a digital world.
> One thing I don’t understand is the tax implication and where you’re allowed to work from.
You do understand that's basically the entirety of the thing, right?
And the tax and legal liability is NOT just on you, but on your employer too. It's not that they legally have to know where you are as such, nor that they care, but that in order for them to follow laws they have to know which laws apply.
> The physical borders don’t make much sense in a digital world.
Yet that would be hard to argue when you get caught with weed in Saudi Arabia, or when the french police knock on your digital nomad door in south of France.
At some point this becomes like the "sovereign citizen" crowd, and their "your laws don't apply to me" don't tend to work out very well.