Balancing automation and taxation

Balancing automation and taxation

Money maker: a taxing system for robots need to be developed to maintain societal balances Olaf Merk explains why ports should take the lead in defining how to tax automated industries

One of the biggest political issues of the coming decades is the future of work. Technological advances are such that more than half of the existing jobs could be automated. Automation might create new jobs, but these will very likely not offset the lost jobs. This has far-reaching consequences: uncorrected, automation will erode tax income, welfare state and lead to very unequal income distribution. Some people say that […]

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