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How do you tax automation? How do you ensure you don't stifle its development? Shouldn't we be focusing on distributing the fruits of automation as widely as p
by neon_electro 9y ago
How do you tax automation? How do you ensure you don't stifle its development?
Shouldn't we be focusing on distributing the fruits of automation as widely as possible?
- maxerickson 9y agoA VAT.
- rrggrr 9y agoCorrect, a Value Added Tax. It may be necessary to levy additional taxes on high employment businesses hurt by automation (eg. Transportation). The responsible thing to do would be to tightly earmark the proceeds, and to have the taxes sunset, requiring a 2/3 majority to renew, after 10 years.
- deleted 9y ago[deleted]
- ThomPete 9y agoYou wouldn't be taxing automation but rather the output of automation.
- eduren 9y ago>Shouldn't we be focusing on distributing the fruits of automation as widely as possible? Is that not something that taxation would provide?
- dragonwriter 9y ago> How do you tax automation? You start by just taxing income equally, rather than having extra-heavy taxes on labor income like we do now. Right now, we tax-prefer automation and replacement of labor with capital.