You can’t increase taxes on companies. They’ll leave the country.
Comment on The circle of life
Pyr_Pressure@lemmy.ca 1 week agoI wonder at what point government will tax AI use by companies similarly to payroll taxes and incomes taxes.
If they pay an AI company $150,000 a month to replace $50,000 in salaries, the government then loses all that income tax from the previous employees as well as the payroll tax on $600k a year.
MyVeryRealName@lemmy.world 1 week ago
wholookshere@lemmy.blahaj.zone 1 week ago
If they don’t contribute their share to taxes, why would I as a citizen want them?
MyVeryRealName@lemmy.world 1 week ago
Do have what they already give.
wholookshere@lemmy.blahaj.zone 1 week ago
What, the 0 dollars the billionaire pay?
RogueJello@lemmy.world 1 week ago
Too late, already happened. It’s the reason why Ireland is the home for such notable Irish tech companies as Google, MSFT, Amazon, Meta, and others.
MyVeryRealName@lemmy.world 1 week ago
Those are American companies
RogueJello@lemmy.world 6 days ago
Bingo, but that’s not what the legal paper work says.
520@lemmy.zip 1 week ago
Great sarcasm!
That is sarcasm, right?
MyVeryRealName@lemmy.world 1 week ago
Nope
Nalivai@lemmy.world 1 week ago
Damn, I wish that was true
MyVeryRealName@lemmy.world 1 week ago
Why?
Magnum@infosec.pub 1 week ago
fibojoly@sh.itjust.works 1 week ago
Oh shit, you weren’t sarcastic?
MyVeryRealName@lemmy.world 1 week ago
Lol no
WrathEnchanter@europe.pub 1 week ago
Oh no! What if they took all their fucking datacenters and their pollution and their buying all RAM and their pulling all electricity out of the grid with them?
MyVeryRealName@lemmy.world 1 week ago
What on god’s green Earth makes you think they would?
WrathEnchanter@europe.pub 1 week ago
Well if not, then all their stuff is still there and could be seized. Say… as a moving-out-of-country-tax
boonhet@sopuli.xyz 1 week ago
Uh they’ll just claim the AI is being used in another country then?
There’s really no way to definitively decide the tax jurisdiction of an AI agent.
Good luck figuring this one out without a tax on unrealized gains in companies and good luck figuring that one out for companies if they can just scheme around it by reinvesting all their profit indefinitely.
A complete ban on AI might be in order.
Omgpwnies@lemmy.world 1 week ago
Just use their primary tax address in the country.
boonhet@sopuli.xyz 1 week ago
Which country?