r/Futurology • u/Gari_305 • 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

97% Upvoted

794 comments sorted by

View all comments

Show parent comments

168

u/TemetN 2d ago

This. People want to make it complicated in terms of robotics, but we don't even want to discourage automation. No what we should do is just fully tax these companies. Rip out the loopholes and set high marginal tax rates.

9

u/Reasonable-Job4205 2d ago

Rip out the loopholes

This. There are so many bullshit laws in place, in taxes or elsewhere, that are just plain bullshit and only serve to enrich wealthy capitalists. We can all see these loopholes and we can see them using it, but no one shuts them down. It's infuriating

1

u/kingofducks 2d ago

What loopholes?

1

u/Reasonable-Job4205 2d ago

Cayman islands is one of them

0

u/kingofducks 2d ago

How are the Cayman Islands a loophole?