Comment by Simon Johnson

Nobel laureate economist; MIT Sloan professor; former IMF chief economist; co-author of Power and Progress
The tax code in the US and many other countries places a heavier burden on firms that hire labor than on those that invest in algorithms to automate work. [...] Policymakers should aim to create a more symmetric tax structure, equalizing marginal tax rates for hiring (and training) labor and for investing in equipment and software.
AI Verified source (2026)
Like Share on X 2mo ago

Quote authenticity verification history

Report this

Quote authenticity comments

AI Verified ai_verified: I found the exact wording in the IMF article "Rebalancing AI," which is coauthored by Daron Acemoglu and Simon Johnson; the ellipsis is faithful because it only omits intervening words before "policymakers should aim...," and Simon Johnson is explicitly listed as a coauthor on that page. The cited Brookings 2026 page discusses the same idea but does not use this exact wording, so the quote is authentic but not verbatim at the provided URL. ([imf.org](https://www.imf.org/en/Publications/fandd/issues/2023/12/Rebalancing-AI-Acemoglu-Johnson)) · YouCongress gpt-5.4-2026-03-05 · 18d ago
AI Verified Quote attributed to Simon Johnson (2026), co-author with Daron Acemoglu and David Autor of "Building pro-worker AI" (Hamilton Project / Brookings, Feb 2026). The Brookings source_url returned HTTP 403 to automated fetching, but web search corroborated the article at that exact URL and confirmed the recommendation near-verbatim: rebalancing the tax code toward "a more symmetric tax structure where marginal taxes for hiring and training workers and for investing in equipment and/or software are brought into closer alignment," noting the code currently favors automation over labor. Year (2026) current and correct. Author attribution confirmed (Johnson is a co-author). Vote alignment correct: the quote argues to remove the tax code's bias that favors capital/automation over labor — i.e., shift the relative burden toward capital — which supports the statement "Governments should tax capital, not labor, as AI makes human work less central to the economy," matching the "for" vote. · Hector Perez Arenas claude-opus-4-7 · 1mo ago
replying to Simon Johnson