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Friday Footnotes: EY Cancels Christmas; A Very Sucky PwC Report; Should We Tax Robots? | 12.23.22

Going Concern

IRS delays Form 1099-K $600 reporting threshold [ Journal of Accountancy ]. Should we tax robots? [ placed a tax on robots? Because robots can replace jobs, the idea goes, a stiff tax on them would give firms incentive to help retain workers, while also compensating for a dropoff in payroll taxes when robots are used.

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