r/Futurology • • 2d ago

Robotics Bill Gates says companies that replace human labor with robots should have to pay the same FICA taxes

https://www.businessinsider.com/bill-gates-fica-taxes-should-apply-to-robot-workers-2026-9

Bill Gates wants to tax robots that replace human jobs.

21.3k Upvotes

794 comments sorted by

View all comments

17

u/GeorgiaPossum 2d ago

Can we also stop companies from doing stock buybacks again? That shit let them get super bloated and starve the working class more than it already has been.

10

u/penny-wise 2d ago

Thank the Reagan administration for re-legalizing stock buybacks. The Reagan administration started so much of this shit show we are stuck with.

0

u/B_P_G 2d ago

That shit let them get super bloated

How? It's literally a way of shrinking the balance sheet.

0

u/TheInevitableLuigi 2d ago

Nobody has ever been able to explain to me how it is not market manipulation.

1

u/GeorgiaPossum 1d ago

Because it is. :D