Senator Bernie Sanders’s new book proposes taxing robot owners for taking over human jobs.
U.S. Senator Bernie Sanders has asked for robots to be taxed for taking over human jobs in his new book titled "It's OK To Be Mad About Capitalism."
This is "to assure that the change does not simply become an excuse for race-to-the-bottom profiteering by multinational corporations." The tax, according to him, might be used to take into consideration how automation will affect workers, particularly those who will be replaced by robots. According to an analysis by Robert Seamans for Brookings, the tax may have detrimental effects on businesses, employees, and the overall economy.
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