AI Tax Increases Are Like The Tractor Tax Proposals Of Old

AI Tax Increases Are Like The Tractor Tax Proposals Of Old Authored by Bruce Thompson via RealClearMarkets, President Ronald Reagan famously described Washington politicians' solutions to every problem as "if it moves, tax it." That is exactly what many in Washington today want to do with artificial intelligence. As Wall Street Journal chief economic commentator Greg IP wrote recently, a growing number of experts believe there is "a simple answer to AI job losses." Tax it. His column described a petition signed by 1,000 economists, including 17 Nobel laureates, pleading for higher...