Part 4/9:
From a financial perspective, a 5% increase in income tax can significantly reduce take-home pay—by up to 10% in some cases—potentially discouraging remote work altogether. Such policies overlook the broader benefits of remote work and ignore the long-term economic advantages derived from increased productivity and well-being.
The Overconfidence of PhD Economists: Misplaced Expertise
A second example of flawed reasoning comes from a LinkedIn post by a chief economist at TKA Analytica. The economist, apparently a PhD candidate in economics, argues that remote work may have hidden long-term costs, particularly concerning mental health.