Sam Altman and Vinod Khosla Propose Eliminating Federal Income Tax for Earners Under $100K
Fortune·high signal
Fortune reports that Khosla proposed eliminating preferential capital gains tax rates and using the windfall to exempt all Americans earning under $100K from federal income taxes — covering roughly 125 million people. OpenAI's policy paper aligns with this, calling for shifting the tax base away from payroll and labor income toward corporate income and capital gains. Both argue the current tax system was designed for a human-labor economy that AI is fundamentally changing.