CrimsonPhantom
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Robots that steal human jobs should pay taxes, Gates says
Quote:Bill Gates, the co-founder of Microsoft and world’s richest man, said in an interview Friday that robots that steal human jobs should pay their fair share of taxes.
“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.”
Gates made the remark during an interview with Quartz. He said robot taxes could help fund projects like caring for the elderly or working with children in school. Quartz reported that European Union lawmakers considered a proposal to tax robots in the past. The law was rejected.
Link
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02-18-2017 04:33 PM |
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Fo Shizzle
Pragmatic Classical Liberal
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RE: Robots that steal human jobs should pay taxes, Gates says
Well... by that logic machines should pay taxes. What a dope.
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02-18-2017 04:36 PM |
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Owl 69/70/75
Just an old rugby coach
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RE: Robots that steal human jobs should pay taxes, Gates says
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02-18-2017 04:59 PM |
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shere khan
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RE: Robots that steal human jobs should pay taxes, Gates says
(02-18-2017 04:59 PM)Owl 69/70/75 Wrote: Ronald Reagan, "If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
https://www.brainyquote.com/quotes/quote...09938.html
You might want to put that quote in context for the young or the dumb
(This post was last modified: 02-18-2017 05:01 PM by shere khan.)
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02-18-2017 05:00 PM |
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DaSaintFan
Dum' Sutherner in Midwest!
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RE: Robots that steal human jobs should pay taxes, Gates says
(02-18-2017 04:59 PM)Owl 69/70/75 Wrote: Ronald Reagan, "If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
https://www.brainyquote.com/quotes/quote...09938.html
I think you left out a Very important part to that quote Owl...
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02-20-2017 09:50 AM |
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Owl 69/70/75
Just an old rugby coach
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RE: Robots that steal human jobs should pay taxes, Gates says
(02-20-2017 09:50 AM)DaSaintFan Wrote: (02-18-2017 04:59 PM)Owl 69/70/75 Wrote: Ronald Reagan, "If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
https://www.brainyquote.com/quotes/quote...09938.html
I think you left out a Very important part to that quote Owl...
You mean,
"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
I thought the first part was implicit based on context.
https://www.brainyquote.com/quotes/quote...09938.html"
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02-20-2017 11:01 AM |
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49RFootballNow
He who walks without rhythm
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RE: Robots that steal human jobs should pay taxes, Gates says
(02-20-2017 11:01 AM)Owl 69/70/75 Wrote: (02-20-2017 09:50 AM)DaSaintFan Wrote: (02-18-2017 04:59 PM)Owl 69/70/75 Wrote: Ronald Reagan, "If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
https://www.brainyquote.com/quotes/quote...09938.html
I think you left out a Very important part to that quote Owl...
You mean,
"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
I thought the first part was implicit based on context.
https://www.brainyquote.com/quotes/quote...09938.html"
In a world where Reagan supposedly created both AIDS and Crack, nothing can be taken for granted.
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02-20-2017 11:10 AM |
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Owl 69/70/75
Just an old rugby coach
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RE: Robots that steal human jobs should pay taxes, Gates says
(02-20-2017 11:10 AM)49RFootballNow Wrote: (02-20-2017 11:01 AM)Owl 69/70/75 Wrote: (02-20-2017 09:50 AM)DaSaintFan Wrote: (02-18-2017 04:59 PM)Owl 69/70/75 Wrote: Ronald Reagan, "If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
https://www.brainyquote.com/quotes/quote...09938.html
I think you left out a Very important part to that quote Owl...
You mean,
"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
I thought the first part was implicit based on context.
https://www.brainyquote.com/quotes/quote...09938.html"
In a world where Reagan supposedly created both AIDS and Crack, nothing can be taken for granted.
True that.
(This post was last modified: 02-20-2017 11:36 AM by Owl 69/70/75.)
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02-20-2017 11:23 AM |
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UofMstateU
Legend
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RE: Robots that steal human jobs should pay taxes, Gates says
(02-20-2017 11:10 AM)49RFootballNow Wrote: (02-20-2017 11:01 AM)Owl 69/70/75 Wrote: (02-20-2017 09:50 AM)DaSaintFan Wrote: (02-18-2017 04:59 PM)Owl 69/70/75 Wrote: Ronald Reagan, "If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
https://www.brainyquote.com/quotes/quote...09938.html
I think you left out a Very important part to that quote Owl...
You mean,
"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
I thought the first part was implicit based on context.
https://www.brainyquote.com/quotes/quote...09938.html"
In a world where Reagan supposedly created both AIDS and Crack, nothing can be taken for granted.
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02-20-2017 11:35 AM |
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Ohio Poly
1st String
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RE: Robots that steal human jobs should pay taxes, Gates says
(02-18-2017 04:33 PM)CrimsonPhantom Wrote: Quote:Bill Gates, the co-founder of Microsoft and world’s richest man, said in an interview Friday that robots that steal human jobs should pay their fair share of taxes.
“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.”
Gates made the remark during an interview with Quartz. He said robot taxes could help fund projects like caring for the elderly or working with children in school. Quartz reported that European Union lawmakers considered a proposal to tax robots in the past. The law was rejected.
Link
God forbid....we wouldn't want that...
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03-05-2017 08:12 AM |
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hawghiggs
All American
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RE: Robots that steal human jobs should pay taxes, Gates says
Well he is not wrong. We cannot have unemployment near 50% and a unfunded government. 2.7 trillion in lost taxes is huge. This is why everyone will keep hearing about a UBI ( Universal Basic Income ). Hell, We could fully fund it with those lost taxes. Automation should be a greater worry than the f@cking Mexicans.
(This post was last modified: 03-05-2017 10:38 AM by hawghiggs.)
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03-05-2017 08:50 AM |
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LeFlâneur
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RE: Robots that steal human jobs should pay taxes, Gates says
This is actually a prelude to the idea of a wealth tax or capital tax. Some countries (France, Norway, Switzerland) already have a wealth tax and a couple others, UK and Germany, recently dropped this tax. It is a tax on the value of your wealth, which would include taxes on the value of everything you own: real estate, stocks, bonds, art, etc.
To a degree, property taxes you pay on your home, and the tax on a person's estate (ie. the death tax), are manifestations of a wealth tax.
(This post was last modified: 03-05-2017 10:18 AM by LeFlâneur.)
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03-05-2017 10:18 AM |
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