Comment by Carter C. Price

Estimates suggest that artificial intelligence (AI) could displace approximately 10 to 15 percent of labor hours over a ten- to 15-year horizon. [...] Policy options include reducing the business share of payroll taxes, implementing a progressive corporate tax on per-capita profits, taxing long-term capital gains at ordinary income rates, introducing a federal value-added tax, exploring a federal wealth tax, and reforming inheritance tax provisions.