Electronics > Mechanical & Automation Engineering

Does the taxation of robotics make any sense

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SilverSolder:

--- Quote from: coppercone2 on April 14, 2019, 11:47:25 pm ---many more products and services on earth become 'boutique'.

--- End quote ---

...That sounds right, and has been the path of history so far.  -  And it will be the source of future jobs.

IDEngineer:

--- Quote from: Red Squirrel on April 01, 2019, 03:15:07 pm ---Companies should be expected to have a certain amount of employees based on their profits, and get taxed heavily if they are under that amount.
--- End quote ---
"Companies should be expected"? That is literally a government telling someone how to run their company. Do we really want that?

Example 1: Say an Engineer invents some technology. She creates an LLC to control her liability, and licenses that technology to multiple companies who pay her ongoing royalties. She makes a couple million dollars a year in this way, all 100% legal and moral and ethical, and pays taxes in the usual way. Above and beyond that, what is the "certain amount of employees" she should be REQUIRED to hire? What jobs should they perform?

Example 2: An artist who works alone in his studio creates a painting that is wildly successful. So he creates a limited edition run of 100 "signed originals" and sells those over the course of a few years, netting income of several million dollars all 100% legal and moral and ethical, and pays taxes in the usual way. Above and beyond that, what is the "certain amount of employees" this artist should be REQUIRED to hire? What jobs should they perform?

Sometimes ideas can sound good - until you think them through. Letting a government tell a businessperson how to run their business has to be very near the top of that list.

rstofer:

--- Quote from: IDEngineer on April 16, 2019, 03:33:48 pm ---
--- Quote from: Red Squirrel on April 01, 2019, 03:15:07 pm ---Companies should be expected to have a certain amount of employees based on their profits, and get taxed heavily if they are under that amount.
--- End quote ---
"Companies should be expected"? That is literally a government telling someone how to run their company. Do we really want that?

Example 1: Say an Engineer invents some technology. She creates an LLC to control her liability, and licenses that technology to multiple companies who pay her ongoing royalties. She makes a couple million dollars a year in this way, all 100% legal and moral and ethical, and pays taxes in the usual way. Above and beyond that, what is the "certain amount of employees" she should be REQUIRED to hire? What jobs should they perform?

Example 2: An artist who works alone in his studio creates a painting that is wildly successful. So he creates a limited edition run of 100 "signed originals" and sells those over the course of a few years, netting income of several million dollars all 100% legal and moral and ethical, and pays taxes in the usual way. Above and beyond that, what is the "certain amount of employees" this artist should be REQUIRED to hire? What jobs should they perform?

Sometimes ideas can sound good - until you think them through. Letting a government tell a businessperson how to run their business has to be very near the top of that list.

--- End quote ---

Other times, the ideas are patently absurd and don't need any thought at all.  Governments can't even arrange their own finances, the last thing we need is having politicians getting involved with business.  Don't forget, the world is a very big place.  There is plenty of room to off-shore a business with a much more favorable tax structure.  Apple comes to mind...  Ireland and Gibraltar are considered tax havens.

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