Lots of big companies have some pretty sweet tax deals with the state/city.
The state/city give the company a tax break and the workers who are in the office spend at local stores/restaurants/live local. The state/city get tax revenue from these smaller businesses and break even that way (what a great system, big companies get tax breaks and make it up on the back of the corner store).
Will be interesting how this evolves.
Anecdotally have heard rumors of some companies getting pressed from local politicians and warned about losing these tax incentives unless get people back in the office more frequent.
No insider info to any of this and no idea how it ends, but interesting if true.
“That said, some easy ones we don’t see coming back any time soon include: 1) massive commutes to cities - over the next 5-10 years the companies that offer remote solutions will take the talents”
To clarify, you *do* see a shift to massive commutes to cities vs living in city centers? Aka, wealthy people living in exurbs vs suburbs even.
Lots of big companies have some pretty sweet tax deals with the state/city.
The state/city give the company a tax break and the workers who are in the office spend at local stores/restaurants/live local. The state/city get tax revenue from these smaller businesses and break even that way (what a great system, big companies get tax breaks and make it up on the back of the corner store).
Will be interesting how this evolves.
Anecdotally have heard rumors of some companies getting pressed from local politicians and warned about losing these tax incentives unless get people back in the office more frequent.
No insider info to any of this and no idea how it ends, but interesting if true.
“That said, some easy ones we don’t see coming back any time soon include: 1) massive commutes to cities - over the next 5-10 years the companies that offer remote solutions will take the talents”
To clarify, you *do* see a shift to massive commutes to cities vs living in city centers? Aka, wealthy people living in exurbs vs suburbs even.