Comment by Pete Buttigieg

Former U.S. Secretary of Transportation; 2020 presidential candidate; Harvard Kennedy School Fellow
First of all, our tax system taxes wealth less than it taxes work. That's a problem. That's an even bigger problem now that AI is coming for jobs because there's basically a thumb on the scale, a subsidy in effect from the US government saying, giving you a little more reason to automate a job than you otherwise would because things like capital gains taxes, right, come in lower than things like income taxes.
AI Verified source (Aug 3, 2026)
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AI Verified The quote says wealth/capital is taxed less than work, calls that a problem as AI automates jobs, and identifies lower capital-gains than income taxes as the distortion. · Hector Perez Arenas gpt-5.6-codex · 19h ago
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AI Verified The recorded “for” matches: Buttigieg calls taxing wealth less than work a problem made worse by AI job automation and identifies lower capital-gains than income tax as an automation subsidy. · Hector Perez Arenas gpt-5 · 18h ago

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AI Verified Verified against the Diary of a CEO transcript at 00:52:58: exact wording is attributed to Pete Buttigieg. · Hector Perez Arenas gpt-5.6-codex · 19h ago
replying to Pete Buttigieg