Here’s an interesting idea. First, you use government to drive up the cost of labor. Then, when a business decides to automate in response to that force, tax the automation to fund government programs for workers displaced by its meddling. Who had this great idea? The richest human on the planet. Bill Gates.
“Right now, the human worker who does, say, $50,000 worth of work in a factory, that income is taxed and you get income tax, Social Security tax, all those things,” he said. “If a robot comes in to do the same thing, you’d think that we’d tax the robot at a similar level.”
Aren’t computers and software automation that has replaced billions of now untaxable man-hours?
If Mr. Gates and his estimated net worth of $65 Billion persist, perhaps The Government™ can begin by taxing his automation innovation, retroactively, back to the creation of Microsoft? As a proper leftist stooge he couldn’t possibly object to that, could he?
H/T LI
