Part 5/10:
Shapiro envisions a tax similar to Value-Added Tax (VAT), which is levied on goods and services, but calibrated based on the degree of automation involved in production. For example:
Goods and services heavily produced via AI and robotics would carry higher taxes.
This revenue would then be redistributed broadly across society, possibly exempting critical industries like healthcare or small businesses to prevent disproportionate harm.
The tax could also promote de-globalization, encouraging industries and supply chains to move domestically, bolstering national security by reducing dependence on foreign manufacturing and technology.