Bill Gates: Robot Tax Necessary To Replace Income Funding Social Services

Bill Gates: Robot Tax Necessary To Replace Income Funding Social Services

Quartz editor-in-chief Kevin Delaney recently interviewed billionaire philanthropist and Microsoft Corporation (Nasdaq: MSFT) co-founder Bill Gates, where the richest man in the world, as reported by Forbes , expressed his belief that with automated solutions replacing human workers, taxes will need to be paid by robots to make up for lost revenue that currently funds important social service programs.

Gates finds the situation where a person earning a salary of $50,000, and paying a portion of their income to the government in taxes, being replaced by a robot that pays none, unsustainable. “What the world wants is to take this […]

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