Study suggests a robot levy — but only a modest one — could help combat the effects of automation on income inequality in the U.S.
Peer-Reviewed Publication
Massachusetts Institute of TechnologyWhat if the U.S. placed a tax on robots? The concept has been publicly discussed by policy analysts, scholars, and Bill Gates (who favors the notion). Because robots can replace jobs, the idea goes, a stiff tax on them would give firms incentive to help retain workers, while also compensating for a dropoff in payroll taxes when robots are used. Thus far, South Korea has reduced incentives for firms […]
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