OpenAI founder Vinod Khosla proposes: Remove income tax on Americans earning less than $100,000 by …

Vinod Khosla has proposed changes to the US tax system to address concerns about job losses linked to artificial intelligence (AI). He suggested eliminating federal income tax for Americans earning less than $100,000 and managing the revenue by increasing taxes on capital gains. Khosla said taxing capital gains at the same rate as income could allow around 125 million lower- and middle-income Americans to avoid paying federal income tax without reducing government revenues. The American venture capitalist and one of OpenAI’s early investors has argued that American policymakers need to respond to growing public anxiety and has outlined the need to rethink how income and capital are taxed as AI reshapes the economy.