Increasing tax on company profits is the more likely way of going about this instead of targeting the income tax specifically. This whole theory hinges on auto

Increasing tax on company profits is the more likely way of going about this instead of targeting the income tax specifically. This whole theory hinges on automation taking a significant bite out of the workforce, which will raise profits in direct proportion to lower costs. If companies aren't paying their employees anymore, a portion of their proceeds should go to paying back society as a whole - after all, if there's nobody to buy their product then they are dead as a company.