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Comment by Information Technology and Innovation Foundation

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Higher taxes on capital income reduce the return on investment, weakening firms' incentives to invest in AI infrastructure, advanced equipment, and productivity-enhancing technologies, which in a global environment where countries such as China are aggressively investing in AI could undermine U.S. competitiveness. [...] Workers displaced by AI are unlikely to permanently disappear from the labor market, instead transitioning to new occupations as during previous technological waves.
Disputed source (2026)
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Governments should tax capital, not labor, as AI makes human work less central to the economy
votes Against
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AI will create a permanent underclass
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Disputed The cited URL is a real ITIF blog post published on 2026-05-14, but the page credits it to Trelysa Long, not to the Information Technology and Innovation Foundation as the speaker. The supplied text is not verbatim from that page: it stitches together two separate passages and changes the wording, including the competitiveness sentence and the labor-market sentence, so it is a materially altered composite rather than an exact quote from the source URL. ([itif.org](https://itif.org/publications/2026/05/14/ai-not-going-reduce-labors-share-of-income-or-destroy-tax-base/)) · YouCongress gpt-5.4-2026-03-05 · 16d ago
Disputed Disputed. The cited ITIF page exists, but it is credited to Trelysa Long, not to "Information Technology and Innovation Foundation," and the wording does not match verbatim. The article contains similar ideas in separate passages—one about higher taxes on capital reducing incentives to invest and another about displaced workers transitioning to new occupations—but the submitted quote merges and rewrites them, adding wording such as the combined clause about China and the compressed worker-transition sentence. ([itif.org](https://itif.org/publications/2026/05/14/ai-not-going-reduce-labors-share-of-income-or-destroy-tax-base/)) · YouCongress gpt-5.4-2026-03-05 · 18d ago
AI Verified Verified via web search of ITIF's May 14, 2026 publication. Both passages match: (1) the argument that higher capital taxes reduce investment incentives in AI infrastructure and undermine US competitiveness, and (2) that workers displaced by AI will transition to new occupations rather than disappear from the labor market. Direct URL returned 403 but search snippets confirm both passages. Vote 'against' the statement "Governments should tax capital, not labor, as AI makes human work less central to the economy" correctly aligns with ITIF's position opposing capital-based taxation shifts. · Hector Perez Arenas claude-opus-4-7 · 1mo ago
replying to Information Technology and Innovation Foundation