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San Francisco Politician Jane Kim Is Exploring a Tax On Robots (businessinsider.com)
An anonymous reader quotes a report from Business Insider: In San Francisco, where robots already run food deliveries for Yelp's Eat24 and make lattes at a mall coffee kiosk, one politician is working to ensure the city stays ahead of the curve. Supervisor Jane Kim is exploring a tax on robots as one solution to offset the economic devastation a robot-powered workforce might bring. Companies that use robots to perform tasks previously done by humans would pay the city. Those public funds might be used to help retrain workers who lose their jobs to robots or to finance a basic income initiative. Kim, one of 11 city supervisors in San Francisco, has been interviewing tech leaders, labor groups, and public policy experts in the hopes of creating a task force that will explore how a "robot tax" might be implemented. San Francisco would become the first city to create such a tax, after European lawmakers rejected a similar proposal in February. Kim learned the concept of a robot tax when Bill Gates called for one in an interview with Quartz. It struck a chord with the San Francisco politician, who represents some of the poorest and wealthiest residents across the Tenderloin, South of Market, Civic Center, Treasure Island, and several other neighborhoods. She hears of robots cropping up in hotels, hospitals, and even her local bar, and worries about how automation might deepen the income gap.
but we tax personal income, which will go away, so some replacement tax has to pay for it.
Defining "robot" is going to be the (really) tricky part.
"I don't know, therefore Aliens" Wafflebox1
That's billion with a "B". And recall that SF only has about 800,000 residents. According to SF Chronicle, San Francisco spends more money every year than at least 10 states, including Iowa and Maine. Kim is among the worst, but every politician in SF will spend up to and even slightly more money than they can get their hands on. This is just one more source of pork barrel money for them them. It has nothing to do with robots or job losses or housing or whatever. The fact that SF is in the shape that it is in after $9 billion every year is proof of how terrible the people running the city are. Or a less charitable person might say how corrupt..
Though, that's the one "good thing" about the Trump plan. The tax plan reduces breaks.
The one thing it, and every other tax plan, gets wrong is classes of income. Unearned income is taxed less than earned income.. Capital gains is a low bracket. And taxes on people exclude corporations, which are legally persons, except for taxing. Tax corporations under the same rules as a single filer, and you'd solve all the revenue problems of the US, though you'd also crash the economy. But setting the income tax rate to 0% for the first $100k, and 1% after, for all persons, natural and artificial, then you'd solve the revenue issues, while not taxing any one person too much. 1% tax (no exemptions) isn't too high, but apply that to artificial persons as well as natural ones, and all the problems go away, and with minimal impact on the economy (other than to boost it, as people will have more and spend more).
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