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Taxpayers Must Not Be on the Hook for Bailing Out the AI Industry (truthout.org)
submitted 1 month ago by [M, B] to c/pravda_news@news.abolish.capital
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The U.S. economy is heading toward uncharted territory. Artificial Intelligence (AI) is transforming business operations and all areas of finance, the national debt is on an unsustainable fiscal path, and most middle-income Americans cannot keep up with rising costs. Moreover, as hundreds of billions of dollars are flooding into artificial intelligence, there are serious concerns that an AI bubble…

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[–] 2 points 1 month ago

The short-term budgetary costs can be met by slashing a bloated and dangerous military budget, reallocating funds now spent on immigration enforcement to immigrant integration, and increases in tax revenue from corporations and higher taxation of great fortunes, as I discuss above.

TAX BILLIONAIRES AND MULTINATIONAL MEGACORPS OUT OF EXISTENCE!!! 🫩

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