Tax Incentive Puts More Robots On Factory Floors

26 2018 at 3 41 p m.

Tax incentive puts more robots on factory floors. And at the same time that the rise of robots shrinks government tax revenue the fallout from automation will place more demands on government services. Republicans call their tax bill the tax cut and jobs act. Mathas said he plans to spend at least 1 5 million this year to add three or more robots to a production line in lieu of workers he is struggling to find. Factories giving manufacturers an incentive to buy machinery and boost productivity in a tight labor market.

But critics say maybe it should have been named the tax cut and robots act. New tax rules are hastening automation and modernizing in u s. Factories giving manufacturers an incentive to buy machinery and boost productivity in a tight labor market. Factories giving manufacturers an incentive to buy machinery and boost productivity in a tight labor market.

Capital spending on manufacturing equipment is predicted to surge by 12 per year due to the new legislation according to the association for manufacturing. Tax incentive puts more robots on factory floors jan. 1 26 2018 4 07 pm post new post reply. Manufacturers to install robots and replace aging machines.

New tax rules are hastening automation and modernizing in u s. Press question mark to learn the rest of the keyboard shortcuts. Many are doing so. By shifting the tax code to enable them to immediately deduct the entire cost of equipment purchases the incentive is there to buy robots and replace outdated machinery.

Press j to jump to the feed. That s because it doesn t create new tax incentives that. Tax incentive puts more robots on factory floors date.