Unless, of course, that income is in the form of increased stock value, and the owner never creates a taxable event. We will continue to be taxed on increasingly diminishing wages while wealth accumulates in the hands of those who pay no taxes.
I don’t think it’s foolish to suggest taxing the owners of these machines as way securing economic stability. Although it would be foolish to think it will happen without a real revolution.
Unless, of course, that income is in the form of increased stock value, and the owner never creates a taxable event. We will continue to be taxed on increasingly diminishing wages while wealth accumulates in the hands of those who pay no taxes.
I don’t think it’s foolish to suggest taxing the owners of these machines as way securing economic stability. Although it would be foolish to think it will happen without a real revolution.
I’m amenable to a progressive wealth tax, under which such computing infrastructure should be included.