If a worker loses a job to a robot, who pays the city and state tax revenue that the formerly employed worker paid in? Right now, nobody does.
That’s where the idea of a "robot tax" comes in.
In an interview with Quartz earlier this year , Microsoft co-founder and billionaire Bill Gates said he believes governments should tax companies’ use of robots. It’s an idea one San Francisco politician is now trying to advance to the next level."I think automation is a good thing," San Francisco Board of Supervisors member Jane Kim told CNBC’s "On the Money" in an […]
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