Taxing Robots

Taxing Robots
Posted on February 28, 2017 | Edward Farnworth | Written on February 28, 2017
Letter type:



Author's Note:

Author's Note:

Robots are taking over the world, and this isn't just science fiction.  If this is the future, then why not look at this as an opportunity to find a new revenue stream for the government.

One of the many things on my “things to worry about” list is the growing use of robots.

Like other previous technologies that were going to make life easier for us, the increasing replacement of real human beings with robots in an ever increasing number of occupations has many negative consequences.

The manufacturing sector has too many examples of workers laid off and being replaced by robots. Someone who is unemployed is not contributing to the tax base, and most likely is using public assistance to survive. So the system gets hit twice, while the company has cut its operating cost, may have increased productivity, and probably has increased profits.

So, why not tax the robot, like any other worker. I’d like to say this was my idea. But some guy named Bill Gates, ya that Bill Gates,  proposed this recently.  

Makes a lot of sense to me.


About The Author

EdwardFarnworth's picture

Edward (Ted) Farnworth is a retired scientist who worked for the federal department of Agriculture. He enjoys writing, has a website Medicinal Food News that helps consumers understand the ever changing field of food... More