Comment by Anthropic

Because effective tax rates on labor substantially exceed those on capital, a shift in national income from labor toward capital means the current tax system captures a shrinking share of a growing economy, even as the cost of sustained income support rises. Potential revenue sources could include increasing the capital gains tax, broad-based consumption taxes, sector-specific levies on AI use (measured by tokens, compute, or revenue), and scalable “digital dividends” funded by taxes on the digital sector.