"We're going to be in a position where we want to shore up labor in every quarter, in every organization and environment. We should actually try to stop taxing labor, and instead, start taxing AI."
"Individual income taxes accounted for more than half of the total revenue collected by the U.S. government in 2025. At a total of $2.6 trillion, they make up the largest share of government revenue."
"It wasn't even introduced as a concept until about 100 years into the country's history after President Abraham Lincoln signed the very first federal income tax-a 3% flat tax on incomes exceeding $800-to fund the Civil War."
Individual income taxes represent over half of U.S. government revenue at $2.6 trillion in 2025, making them the largest revenue source. However, income tax is a relatively recent addition to American taxation, introduced by President Lincoln in 1861 as a 3% flat tax to fund the Civil War. Andrew Yang and other prominent figures now advocate eliminating income taxes on labor and replacing them with taxes on artificial intelligence, arguing that taxation should discourage behaviors threatening employment. Senator Cory Booker introduced legislation to eliminate income tax on earnings below $75,000, while billionaire Vinod Khosla suggests removing income tax for those earning under $100,000. These proposals reflect concerns about AI's potential to displace workers and raise unemployment significantly.
#income-tax-reform #artificial-intelligence-taxation #labor-protection #government-revenue #employment-policy
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