|
It’s time to tax the robots
Source:
computerworld.com
- Mar 7, 2017
Bill Gates has a modest proposal: Tax robots to slow the growth of automation and fund the kinds of important jobs our economy ignores, such as caring for children and the elderly.
In an interview with the website Quartz, Gates notes that when a human does $50,000 worth of work, that income is taxed and money goes to the government, but when a robot does the work, no tax is paid on it. So he argues that robots need to be taxed to make up for that lost governmental income — and also to slow down the pace of automation and give society some time to figure out how to offset the job losses and societal impact caused by robots.
CLICK SOURCE ABOVE TO READ ENTIRE ARTICLE
Category: General Business
|
