I do not want to stop progress, but there are, according to estimates, three million jobs at risk. Robots must be a help to human effort, not a replacement of human beings. Otherwise in thirty years in Italy we will only have restaurants, radios and not much more.
I teach International Finance at the Kellogg School of Management. I set up this account to ke
We find that when robots are relatively expensive, taxing them is useful in terms of improving the distribution of income between routine workers, whose jobs can be automated, and nonroutine workers, who benefit from automation.
Robotic manipulators have been replacing humans on factory floors around the world to produce better goods, in larger numbers at more affordable prices, for the past 50 years. There’s no reason why more advanced robots should be treated differently from a tax perspective.
Auteur, chroniqueur économique (CPA Magazine et Journal de Montréal/Québec) et toujours en quê
And couldn’t this [robot tax] result in double taxation for businesses, including many SMEs? Today, a company that uses technology to increase productivity pays taxes on its profits. However, if using a robot helps a company generate more profit, it will then have to pay more income tax plus a tax for having used a robot to increase its profitability.