Comment by Sumeyye Tuncer

We should first ask why the tax system may make employing people more expensive than using machines. The answer may not be a new tax on robots. Instead, governments could reduce the tax burden on workers, tax capital income and excess profits more effectively, and support workers who lose income because of automation. This would make it possible to address the distributional consequences of automation without directly raising the cost of using robots and potentially slowing investment and technological progress. Indeed, in the age of artificial intelligence, the IMF recommends strengthening the taxation of capital income, capital gains, and excess profits rather than introducing a new tax specifically targeting technology.