So:
- Artificially increase payroll cost through unrealistic, SJW minimum wage raises
- Companies replace workers with automation to stay in business
- Tax those companies
Is there anything that Democrats do not want to tax?
As President, I would issue a robot tax for corporations displacing humans, and create a federal agency to oversee automation. https://t.co/W9JWIFFDaN
— Bill de Blasio (@BilldeBlasio) September 9, 2019
Fortunately, we get a new federal agency to deal with this! From the screed
To start, my plan calls for a new federal agency, the Federal Automation and Worker Protection Agency (FAWPA), to oversee automation and safeguard jobs and communities.
FAWPA would create a permitting process for any company seeking to increase automation that would displace workers. Approval of those plans would be conditioned on protecting workers; if their jobs are eliminated through automation, the company would be required to offer their workers new jobs with equal pay, or a severance package in line with their tenure at the company.
Additionally, my plan would close tax loopholes worth hundreds of billions of dollars for corporations that invest in automation and then often deduct it on their taxes, even if they know that their “investment†will likely destroy their employees’ jobs.
Lastly, my proposal would institute a “robot tax†on large companies that eliminate jobs through increased automation and fail to provide adequate replacement jobs. They’d be required to pay five years of payroll taxes up front for each employee eliminated. That revenue would go right into a new generation of labor-intensive, high-employment infrastructure projects and new jobs in areas such as health care and green energy that would provide new employment. Displaced workers would be guaranteed new jobs created in these fields at comparable salaries.
Nice! So, Companies will no longer be able to make business decisions without the approval of The People’s Committee On Robots. This will work out well, right?
