Congressman Adam Smith

We just shouldn't promise people that it's going to be free.

It's not free.

Someone's going to have to pay something somewhere.

Well, actually, what I would like to do, yes.

I mean, I certainly think we should change the tax structure in this country so that the wealthy pay more, 100%.

Or at all.

The other thing that we need to do is, yeah, exactly.

I mean, the way they've set it up, structure, they're not paying anything in some instances.

It's just absolutely appalling.

The other thing, however, is corporations.

It's really interesting.

I was out in the Bay Area over the weekend.

I sat down with OpenAI, and I didn't understand exactly what OpenAI was.

When they were founded, they were founded as a nonprofit, but then they moved into a sort of medium category.

And I know they're having a big, ugly lawsuit about that right now that I don't fully understand.

But they were basically, they were not, I don't know, they weren't a C-corp.

They were some other type of corp.

And in that corporation, they had an obligation to the community and to their workers that most normal corporations don't have.

So things like stock buybacks, where companies take their profits and instead of pouring them back into their workers or their communities, they pour them back into their shareholders.

If we could change that, that's not just the tax structure, that's changing how corporations use their profits so that they're not just rewarding the investors, but they're rewarding everybody.