Bill Gates recently called for a tax on robots that take jobs from humans. Does this proposal have merit?

Owatonna, MN Correspondent– Taxing robots certainly has merit for the government, which relies on taxing humans to feed its spending addiction.

It’s presumed a corporation that employs robots will be responsible for paying the robot tax. How will that be assessed if robots don’t receive compensation similar to what human employees receive? Should it be based on the robots’ productivity? And how should those tax dollars be spent? It makes the most sense to spend robot taxes on displaced workers who can’t find jobs because of automation. However, anyone who believes that government will faithfully dedicate all collected robot taxes to helping displaced workers, there is still plenty of swampland for sale in Florida. Continue reading