“Declines in labor-based tax receipts could offset or exceed other AI-related tax gains,” Moody’s notes, echoing similar calls from the IMF that fiscal policy include progressive taxation and social protections to mitigate AI-related budgetary impacts.
Author(s): Xiongwei He, Fan-Shun Meng, Yanjing Su, Lijie Qiao, Shigenobu Ogata, Lei Gao
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