In the new IREF working paper “Taxing Artificial Intelligences”, Julian Arndts and Kalle Kappner analyse the fiscal implications of the presence of artificial-intelligence (AI) machines in the production processes.
Taxes
There is no doubt that wealth mirrors taxpayers’ ability to pay better than other measures such as income. There is also no doubt that private wealth is much more unequally…
The collection of tariffs on imports not only involves direct costs, which is the price of the tariff itself, but also numerous indirect costs. Civil servants, as an example, employed…
Over the last few months of 2018, several European Union member states intensified their opposition to a proposed Digital Services Tax (DST), also known as the “Google Tax”. Yet, these…
Scotland has recently imposed a price-floor on all alcoholic products, requiring retailers to charge at least £0.50 per unit (equal to 8g of pure alcohol, according to the UK government).…
Today, in England nearly a third of the children aged between 2 and 15 years old are either overweight or obese and younger generations are becoming obese at earlier ages…
The miraculous multiplication of loaves and fishes in the Italian electoral campaign
Italian general elections will be held on March the 4th, and these weeks will be remembered as a time when promises abound and all Italians are assured that from March…
Oxfam’s latest report on Global Inequality entitled “Reward Work, not Wealth” continues its tradition of setting the tone for the World Economic Forum this week in Davos, Switzerland. While on…
The US economy has for years suffered because of its corporate tax rate, which has sat consistently among the world’s highest at 35%. In attempts to escape this punitive rate,…
The size of the digital economy The digital economy represents a relevant quota of global wealth. According to Accenture, it counted for 22.5% of worldwide GDP in 2015, with a…