Robot Taxes Are A Good Idea As Long As The End Goal Is Basic Income

Robot Taxes Are A Good Idea As Long As The End Goal Is Basic Income

If companies adopt robots (and other artificially intelligent tools) widely in the future, then calls for taxes on robots–to help offset the lack of income for the workers they’ve replaced–are likely to grow. If people are going to lose their jobs in substantial numbers, then voices will rise for some form of rebate, insurance premium, or basic income for everyday workers–and perhaps a tax on automation to pay for (at least partly) such schemes.

Bill Gates has endorsed a robot tax as a way of substituting for the loss of government tax revenue. “You ought to be willing to raise […]

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