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The idea of a 'robot tax' is gaining steam as a way of dealing with automation that's killing jobs

Such a tax could also conceivably create another source of federal revenue in an economy governed by more machines and fewer workers  — reducing the possible disruption to the funding structures of Social Security and Medicare, which rely on payroll taxes paid by every worker and to help people find or train for new jobs.

"I believe an appropriately designed robot tax can hinder the progress of the development of automation that kills jobs," Tax Lawyer, Orly Mazur told Business Insider, though noting she believes it's the wrong approach to deal with automation.

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robots, tax