Tax on Tech - Could it be Coming?

Martin J | FinaceMarch 7, 2017169

FOSTER CITY, Calif. — In its best form, technology has brought much of the world closer together and created great opportunities. Recently, though, it seems that same technology is also creating a new type of digital divide—one that’s centered more on the economic disparity being caused by some tech advances.

In order to address that divide, I wonder if it’s time that we start to consider some kind of tax on technologies that potentially eliminate traditional jobs. Clearly, others feel this way, as both Bill Gates and Mark Cuban have recently made comments on the topic.

Obviously, this a very controversial move and would raise several big potential questions.To be clear, I don’t think it’s realistic to try and “save” jobs that, whether certain people want to admit or not, are going to disappear. I’m also most assuredly not a Luddite, who thinks we can (or should) walk away from the incredible capabilities that new technologies have enabled, despite the challenges that often accompany them.

To read more check out - http://www.usatoday.com/story/tech/columnist/2017/03/07/time-for-tech-tax/98658762/ 

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