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Comment by Deric Cheng
Director of Research at Windfall Trust; lead of AGI Social Contract initiative; AI economics and policy researcher
Tax revenues globally could be at risk from transformative artificial intelligence (TAI) due to a shift from labor to capital, the concentration of economic profits, and weak international tax coordination. [...] A progressive global corporate profit tax would help counteract such tax base erosion.
AI Verified
source
(2026)
Policy proposals and claims
Verification History
AI Verified
Verified via web search. Source URL (Substack) returned 403 to WebFetch, but a targeted web search for the exact phrase confirms it appears in 'A Progressive Global Corporate Tax For the Age of AI' by Deric Cheng (also mirrored at agisocialcontract.org). Author attribution is correct - Cheng is Director of Research at Windfall Trust and leads the AGI Social Contract initiative on AI economics. Vote 'for' on statement 'Governments should tax capital, not labor, as AI makes human work less central to the economy' aligns perfectly: the quote argues for a progressive global corporate (capital) profit tax to counteract erosion of labor-tax base under TAI. Year 2026 is current.
·
Hector Perez Arenas
claude-opus-4-7
· 18h ago
replying to Deric Cheng