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Should Robots Be Taxed?
There are now robots that might help and improve human endeavor. While their development is still ongoing, robots are now being utilized more and more in factory production and are carrying out jobs that people once performed in the home and office. These robots are driven to varied degrees by artificial intelligence (AI).There is a scientific theory that claims that because people have been evolving from creatures for millions of years, they can create robots that can duplicate human thought. T
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Feb 23rd 2023
New Tax Code Encourages Robot Installations
Subsidies have been introduced that would allow companies to
take immediate expensing of high-cost assets, such as robots, instead of depreciating
them over time. This plan works to the advantage of companies struggling to
either find or keep their workforce which is currently needed to perform jobs
that could be automated. Rather than expensing wages as they are paid over
time, companies could purchase robots and take the deduction right away. This
makes an investment in automation a much
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Jan 30th 2018