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dc.contributor.author Guerreiro, Joao
dc.contributor.author Rebelo, Sergio
dc.contributor.author Teles, Pedro
dc.date.accessioned 2018-04-25T10:12:48Z
dc.date.available 2018-04-25T10:12:48Z
dc.date.issued 2018-02
dc.identifier.uri http://hdl.handle.net/10230/34457
dc.description.abstract We use a model of automation to show that with the current U.S. tax system, a fall in automation costs could lead to a massive rise in income inequality. This inequality can be reduced by raising marginal income tax rates and taxing robots. But this solution involves a substantial efficiency loss for the reduced level of inequality. A Mirrleesian optimal income tax can reduce inequality at a smaller efficiency cost, but is difficult to implement. An alternative approach is to amend the current tax system to include a lump-sum rebate. In our model, with the rebate in place, it is optimal to tax robots only when there is partial automation.
dc.description.sponsorship The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries ADEMU Working Paper Series;85
dc.rights This is an Open Access article distributed under the terms of the Creative Commons Attribution License Creative Commons Attribution 4.0 International, which permits unrestricted use, distribution and reproduction in any medium provided that the original work is properlyattributed.
dc.rights.uri https://creativecommons.org/licenses/by/4.0/
dc.title Should robots be taxed?
dc.type info:eu-repo/semantics/workingPaper
dc.subject.keyword Inequality
dc.subject.keyword Optimal taxation
dc.subject.keyword Automation
dc.subject.keyword Robots
dc.relation.projectID info:eu-repo/grantAgreement/EC/H2020/649396
dc.rights.accessRights info:eu-repo/semantics/openAccess

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