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Similarly, this also leaves open a big loophole - if you implement a tax on jobs eliminated, the incentive shifts to starting companies that that don't have job
by mdorazio 7y ago
Similarly, this also leaves open a big loophole - if you implement a tax on jobs eliminated, the incentive shifts to starting companies that that don't have jobs in the first place. Then you quickly arrive at the sub-contracted functions shell game where a company pays for a service rather than for specific workers to avoid the automation tax, and the fulfillment companies shuffle around as new automation tech allows them to eliminate more jobs.
I don't think taxation on automated labor really gets us anywhere. Wealth tax makes a lot more sense with fewer loopholes.