It's a bit like taxing cyclists 10 % of their income because they don't support the car industry...
Good analogy. But their argument is even worse because they don't look at the other benefits of remote work on the economy.
On the other hand they have a huge real estate portfolio (and mortgage portfolio) that I'm sure is now no longer looking like such a smart investment. So they're looking for them and their customers to be the recipients of these grants, no doubt.
> Quite simply, our economic system is not set up to cope with people who can disconnect themselves from face-to-face society.
So it's plausible that there is actually a problem here with the very sudden change of workforce distribution and how it affects society and the economy. But addressing it by simply taxing employers more for work-from-home jobs is definitely short-slighted. But in the short term it seems that something needs to be done to prop up the system because billions of dollars have left the economy overnight and it will likely never return.
God forbid we question our banking system or other broken systems that have been brought into the light of day since COVID started.