Money

What? That makes no sense at all.

If profits go up, taxes should go up. Much like with income, where higher income equals higher taxes.

Companies being more efficient is great, as long as the resulting increased profits are reinvested into the economy. Either by expanding/investing, which results in more jobs on other areas, but decreases profit. Or by increasing wages for the remaining workforce, increasing disposable income which then gets reinvested broadly by consumerism.

Or by paying taxes, thus ( in theory) redistributing it to the general populace, as taxes are used for general expenses.

The only thing that should not happen is the increased profits only translating into multi million dollar bonuses for the leadership.