Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Bill Gates thinks that, to ease the inequality and offset the social costs implied by automation's displacement effects, either Nexus should pay income tax, or Luke should pay a hefty tax for replacing Ken with a robot. And this "robot tax" should be used to finance something like a universal basic income. Second, the advent of robot-operated machines that have never been operated by humans means there will be no prior human income to act as a reference salary for calculating the taxes these robots must pay.Finally, it is hard philosophically to justify forcing Luke to pay "income" tax for Nexus but not for the harvester that Nexus operates. Assuming that robots cannot be made to pay income tax without creating new potential for conflict between the tax authorities and business (accompanied by tax arbitrage and corruption), what about taxing Nexus at the point of sale to Luke?The conceptual problem of differentiating between Nexus and the harvester "he" operates would make it impossible to agree on how a robot tax should work.
Three tribes of austerity and the global doom loop of inequality
Beneath the ashes of Greece’s deadly fires
Latest Greece debt deal shows extent of European denial
FOLLOW THIS ARTICLE