EconPapers    
Economics at your fingertips  
 

AI, Automation and Taxation

Spencer Bastani and Waldenström, Daniel

No 19045, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This chapter examines the implications of Artificial Intelligence (AI) and automation for the taxation of labor and capital in advanced economies. It synthesizes empirical evidence on worker displacement, productivity, and income inequality, as well as theoretical frameworks for optimal taxation. Implications for tax policy are discussed, focusing on the level of capital taxes and the progressivity of labor taxes. While there may be a need to adjust the level of capital taxes and the structure of labor income taxation, there are potential drawbacks of overly progressive taxation and universal basic income schemes that could undermine work incentives, economic growth, and long-term household welfare.

Keywords: Automation (search for similar items in EconPapers)
JEL-codes: D31 H21 O30 (search for similar items in EconPapers)
Date: 2024-05
References: Add references at CitEc
Citations:

Downloads: (external link)
https://cepr.org/publications/DP19045 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Chapter: AI, automation and taxation (2024) Downloads
Working Paper: AI, Automation and Taxation (2024) Downloads
Working Paper: AI, Automation, and Taxation (2024) Downloads
Working Paper: AI, Automation and Taxation (2024) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:19045

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP19045

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().

 
Page updated 2025-03-23
Handle: RePEc:cpr:ceprdp:19045