Ro Khanna

The main thing, though, I'll answer your question.

The main thing, I think, that attracts people to Silicon Valley, the AI revolution, is all the AI talent, right?

Like the AI talent is in two places.

In China, one third of the AI talent is there, and it's in Silicon Valley.

And that's what Jensen said at NVIDIA.

Like, why are they there?

Why aren't they in Austin or in Florida?

Because all the AI researchers, the AI talent is in Silicon Valley.

Now, I think it's a balance.

Obviously, if you move the rates too high, everyone will leave.

putting aside how you do it if you're an ordinary person you're making money you're paying your tax you're paying income tax or you're paying capital gains tax the challenge is if you're a made a billion dollars you're a billionaire you may never have to pay an income tax you're not getting income and you may never sell your stock you're not you're not uh realizing capital gains you may be borrowing against this money and you're not you're living your life and you're not paying tax so how do you

How do you get at that?

Now, some people have said one proposal, which is a reasonable one, is if someone borrows against their assets, tax that if they're doing their lifestyle.

But I think one of the things people feel is like,

If you made all this money, you should be paying the same tax as a secretary or a bus driver or someone in the military.

That's what Warren Buffett said.

And we can discuss how to do it.

But that's the feeling of unfairness people have, that it's not like they want to sock it to the rich.

It's just that they want them to pay the same percentage as someone who's a teacher.

Are you guys tax-free?