But in terms of real dollars would total compensation go up? How would this even work? Isn’t this just moving around the chairs on the deck of the Titanic?
In Japan, the commuting allowance allows a full pre-tax writeoff of up to ¥100,000 a month, which before the start of Japanese inflation was about $1000 a month, so it is significantly more generous. https://globalvoices.org/2014/11/05/are-employee-transportat...
So, you prefer the situation where CEO salaries are rising significantly faster than housing costs, and everybody else's salaries are rising slower than housing costs. I suppose you also consider homeless encampments an eyesore?
Japan currently has tax exempt commuting allowance.