What you are about to read is not the most ridiculous thing I have ever heard, but it is definitely close.
The article reports:
“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.”
How do you tax a robot? If he doesn’t pay his taxes, do you take out his battery?
This is another example of the government interfering in the free market. As some people in the government push to raise the minimum wage, certain businesses will have no choice but to replace human workers with robots.
The article further reports:
“Exactly how you’d do it, measure it, you know, it’s interesting for people to start talking about now,” Gates said. “Some of it can come on the profits that are generated by the labor-saving efficiency there. Some of it can come directly in some type of robot tax. I don’t think the robot companies are going to be outraged that there might be a tax. It’s OK.”
Another example of the government finding new ways to take money away from people who have earned it.