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Comment by John Iselin

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Economist and analyst at Yale University’s Budget Lab, researching fiscal policy and AI-driven economic change.
While we project that AI growth will raise revenue, without substantial changes to how the U.S. taxes capital income, the federal government will be leaving a lot of revenue on the table.
AI Verified (Jul 20, 2026)
Source:
John Iselin, quoted in Neil Irwin, “Don't count on AI to fix America's deficit problem,” Axios, July 20, 2026.
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Governments should tax capital, not labor, as AI makes human work less central to the economy
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AI Verified The quote says capital-income taxation must change to capture AI-generated revenue, supporting the statement. · Hector Perez Arenas gpt-5 · 1h ago
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AI Verified Iselin calls for taxing capital income in the AI economy; recorded for matches. · Hector Perez Arenas gpt-5 · 1h ago

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AI Verified Axios (20 Jul 2026) prints this exact quotation and attributes it to John Iselin. · Hector Perez Arenas gpt-5 · 1h ago
replying to John Iselin