4 ms·
Indeed. The only relief will be the rich factory owners paying livable wages to the public via taxation.
by bitJericho 9y ago
Indeed. The only relief will be the rich factory owners paying livable wages to the public via taxation.
- mars4rp 9y agoyes and Tax consumption instead of production and it doesn't matter where the robot is set up!
- hansthehorse 9y agoWe are going to have to find a way to tax robots as if they were humans doing the work. Social security can't survive in America unless we do some pre-planning. Robot displaces 10 people? Robot pays the payroll tax times 10, or something like it.
- ThomPete 9y agoNot robots, but output of robots.
- mars4rp 9y agothat way we just force robots out of country, we should tax consumption! that way it doesn't matter where the robots sit! and we might get some high paying jobs for maintenance back.
- ThomPete 9y agoWhere are the consumers you want to tax going to get their money from?
- mars4rp 9y agoGovernment, basic income!
- ThomPete 9y agoAnd where are those money coming from?
- mars4rp 9y agoimport tax, consumption tax, property tax, capital gain tax. money just needs to circulate enough!
- ThomPete 9y agoimport tax paid by whom? property tax paid by what money? capital gains tax from what? If people don't have jobs they dont' make money only very few of them can offer to invest in stock let alone property. So thats hardly a solution. I am with you on basic income but it has to come from where the gains are being made and that is from those who own the robots.
- mars4rp 9y agoI agree, my only point is if we tax robots, then they move it to somewhere else, you can't move consumption! I am assuming people who own the robots don't work to earn money so there has to be tons of capital gain around! increase the tax rate to %75 and you have your money for basic income. tax rate should be really high, otherwise the wealth moves very quickly to robot owners, and there should be no loop hole. that is why I think we should tax consumption because there is no way around it!
- ThomPete 9y agoyou can't have tax on consumption if people don't have anything to pay with outside of basic income. Then you just end up in the same situation that Africa is in where the economy spirals inwards. You need access to outside value creation and that will come from the "means of production" which is the only place a society will be able to make money if we end up automating most of society.