Pedro Santa-Clara on Governments should tax capital, not lab… | YouCongress

Pedro Santa-Clara

Professor of Finance at Nova School of Business and Economics; former UCLA finance professor and NBER research associate.

The right answer is the opposite and simpler: stop overtaxing labour relative to capital. Close the gap that the tax code has opened between a human and a machine, so that the choice between them is made on real productivity and not on fiscal arbitrage.

AI Verified (Jun 30, 2026)

Source:

Pedro Santa-Clara, “The Tax That Hires the Robot,” LinkedIn, June 30, 2026.

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5h ago

Policy proposals and claims

Governments should tax capital, not labor, as AI makes human work less central to the economy

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AI Verified Quote explicitly advocates taxing capital relatively more than labour. · Hector Perez Arenas gpt-5 · 5h ago

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AI Verified Quote advocates shifting tax burden from labour toward capital. · Hector Perez Arenas gpt-5 · 4h ago

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AI Verified Pedro Santa-Clara LinkedIn post, June 30, 2026, contains this wording. · Hector Perez Arenas gpt-5 · 5h ago

replying to Pedro Santa-Clara