AITaxing labor and capital in the AI era
A post calls for rebalancing the tax code toward labor and helping people affected by AI, arguing that preferential tax treatment for capital is “exactly backwards.”
TLDR
One post predicts AI will do 80% of each job for 80% of jobs, or 64% of human labor. The author argues that taxing labor at higher rates while giving capital preferential treatment is the wrong approach for the AI era, and calls for shifting the balance toward labor and helping those affected.
Taxing labor and capital in the AI era
A post calls for rebalancing the tax code toward labor and helping people affected by AI, arguing that preferential tax treatment for capital is “exactly backwards.”
TLDR
One post predicts AI will do 80% of each job for 80% of jobs, or 64% of human labor. The author argues that taxing labor at higher rates while giving capital preferential treatment is the wrong approach for the AI era, and calls for shifting the balance toward labor and helping those affected.