#WhatIf
Instead of #Tariffs, we had a .5% revenue tax, and rebated US Wages.
The net effect is a tax on:
* AI
* Banks
* Wealth
* Real Estate
* Automation
* Outsourcing
It would prioritize US Wages, and incentivize Corps to spend money on Wages First.
Berkshire paid $26.8 billion in US Taxes in 2024. (~5% of total Corp taxes).
- We should tax corporate revenue and rebate US Wages. Highly profitable companies in the US are not paying taxes.
This will tax AI, Investments, Outsourcing, etc., more than labor.
We should incentivize payments to US labor and US wages over outsourcing, AI, and investment activity.
#USPol #Taxes #RevenueTax
#AI #AIEthics #Outsourcing #Labor #Unions
@wbpeckham well, as established as the #FedRate principal is, maybe creating more dials that institutions can control outside of congress might be a good thing.
Maybe the “revenue tax” should kick in automatically up to a point, anytime there is a federal revenue gap.
I see politicians constantly arguing for new taxes that would require new authority for even congress. At least a #RevenueTax could fall under #IncomeTax , without a new #amendment.
Kevin Karhan 
Justin D Kruger (he/him)