News for hackers. Stuff that matters.

A comment on Why taxing robots is not a good idea. Parent comment

Re:Why taxing robots is not a good idea by 6d6b73 on Friday February 24, 2017 @10:35AM (#13724559)
Revenue is not profit. Just because company brings a lot of revenue does not mean they can afford to hire people. This would essentially make it pointless to own a company.
[ Parent | on HN ]
Re:Why taxing robots is not a good idea by fxj on Friday February 24, 2017 @10:42AM (#13724615)
It would be like a VAT. Every company would have to pay it. So it levels the field.
[ Parent | on HN ]
Re:Why taxing robots is not a good idea by 6d6b73 on Friday February 24, 2017 @10:50AM (#13724690)
No, not every company. Only companies in the country that taxes automation. Other, smarter, countries would skip that tax and end up with cheaper products. This whole "tax robots" idea would only end with higher prices for products, and it's the people that would have to pay these prices.
[ Parent | on HN ]