Tax Bill Favors Adding Robots Over Workers, Critics Say
Equipment at the Custom Group in Woburn, Mass., includes automated robotic cutting tools. Equipment at the Custom Group in Woburn, Mass., includes automated robotic cutting tools. But critics say maybe it should have been named the Tax Cut and Robots Act. That's because it doesn't create new tax incentives that specifically encourage companies to hire workers and create jobs, some employers and economists say. But it does expand incentives for companies to buy robots and machines that replace workers. Republicans say that lowering taxes will boost the economy and spur job creation.
Dec-8-2017, 22:45:13 GMT
- AI-Alerts:
- 2017 > 2017-12 > AAAI AI-Alert for Dec 12, 2017 (1.00)
- Country:
- Europe > Germany (0.05)
- North America > United States
- Massachusetts > Middlesex County > Woburn (0.47)
- Industry:
- Government > Tax (1.00)
- Law (1.00)
- Technology:
- Information Technology > Artificial Intelligence > Robots (1.00)