Taxes targeted at firms that employ robots over human workers would be counterproductive, a new article argues — and no, it wasn’t written by a robot.
Why it matters: A growing number of technologists have argued that taxing companies that invest in robots would help reduce inequality and cushion job losses caused by automation, but such a tax could cost more than its worth by slowing economic growth, WSJ’s Richard Rubin writes .
Get market news worthy of your time with Axios Markets. Subscribe for free. How it works: The argument for a robot tax, as stated […]
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