3 ms·
Where do we want to be? I'd argue we want full automation and some form of universal basic income (probably implemented through reverse taxation). Taxing autom
by jon_richards 8y ago
Where do we want to be? I'd argue we want full automation and some form of universal basic income (probably implemented through reverse taxation).
Taxing automation over corporate profit makes that reality further away because it lessens incentives to automate. Increasing corporate/estate/etc taxes leaves the incentives to automate intact.
It's like arguing that we should tax renewable energy because we're going to run out of oil eventually anyway.