Do robots deserve a tax? Everything you need to know

Do robots deserve a tax? Everything you need to know

According to a study, a robot tax, even a small one, might aid in the fight against the negative impacts of automation on economic inequality in the United States.

What if robots were subject to a tax in the US? Policy experts, academics, and Bill Gates have all openly debated the idea (who favors the notion). According to the theory, since robots have the potential to replace employment, a high tax on them would encourage businesses to support employee retention while also making up for a reduction in payroll taxes when robots are employed. South Korea has so far lowered […]

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