If AI replaces workers, should it also pay taxes?

Re:If AI replaces workers, should it also pay taxes? by drdec on Monday December 15, 2025 @02:00PM (#46278772)

Isn't a wealth tax just an expanded capital gains tax?

If last year I had wealth X and this year I have wealth X+Y, I have to pay a wealth tax on the gains, in addition to the the tax on the amount I had previously.

So my gains are still taxed.

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Re:If AI replaces workers, should it also pay taxes? by mike_hearn on Monday December 15, 2025 @03:46PM (#46280392)

The big differences are:

- Wealth tax is much lower, think a percent of your wealth or less vs 20% of your gains.

- You can avoid wealth tax by spending. If you sell a bunch of shares to earn $100k then take a year off to see the world, you pay no tax on that (other than sales taxes etc).

- In practice a lot of things aren't covered by wealth tax. If you spend on a fancy new TV it's not measured. Only the big ticket items are wealth taxed (houses, financial assets, art, cash piles, etc).

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