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> Maybe it's time to tax automation? Special taxes are dumb because of the overhead and externalities. Automation is already covered in that it results in ei
by prepend 6y ago
> Maybe it's time to tax automation?
Special taxes are dumb because of the overhead and externalities.
Automation is already covered in that it results in either greater profits or greater payroll through higher wages, so either way it’s already taxed.
The incentive is for companies to be efficient by increasing productivity. This productivity is taxed through existing means. So unless you want to disincentive automation a special tax for it is bad.