New Article: Arcane Tax Policy and its Unintended Encouragement of Automation

One of the biggest elephants in the room economically is the speed and intensity for which jobs are being automated. Few speak of the significant social and societal effects, as conventional wisdom holds that productivity and growth are the de facto solutions to current economic deficits. As we are witnessing pre-tremors where a future without employees may one day be upon us, it is worth asking how our tax policy is configured to address this problem. The short answer is that it is geared toward creating the very problem that is concerning. The newest article “Arcane Tax Policy and its Unintended Encouragement of Automation” addresses some of these concepts.