• sudo42@lemmy.world
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    1 month ago

    One Youtube channel suggested it was tax incentives. Cities give tax incentives to large corporate offices in order to bring customers, er… employees to the cities.

    Work from home means offices no longer meet qualifications for tax breaks. Ergo CEO freakouts.

    Don’t know if it’s true, but it does sound plausible to me.

    • peopleproblems@lemmy.world
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      1 month ago

      That one sounds plausible, but I can’t imagine that property taxes are so large in Seattle that they would force their employees back. Seems like a good way to lose that tax benefit