We are moving into a future where everyone will get richer, expert says

Added: 2026-06-01

[00:00:05]Far-left Senator Elizabeth Warren has yet another thing that she wants the government to tax.

[00:00:13]If we're going to build an AI future that works for everyone, then we need to tax AI and invest in people. Right now, companies pay taxes on their workers and get tax breaks for investing in AI.

[00:00:31]Woah. It's time to make corporations pay their fair share and make sure they're no longer incentivized to fire workers and replace them with AI.

[00:00:42]In a recent opinion piece for Time magazine, Warren warns that AI will soon cost millions of Americans their jobs and create a {quote} permanent underclass, all while calling for new taxes on the technology.

[00:00:56]And she wants all that money raised from taxes to fund a left-wing commie wish list. Universal health care, bigger government, you know, a jobs guarantee, and free education and apprenticeships.

[00:01:12]All right, for more let's bring in Unleash Prosperity co-founder and America First Policy Institute senior fellow Steve Moore. Steve, always good to see you. All right, you got your usual Elizabeth Warren stuff here. If it moves, tax it. If it has a name, tax it.

[00:01:25]Whatever. Go to town on that if you want. I will ask you though, I do thought I thought it was interesting that she said, "We're taxing payroll.

[00:01:33]We're taxing workers, but providing incentives for AI investment." Is there a a shred of you that kind of agrees that maybe we shouldn't penalize companies by taxing workers through the payroll tax? Go to town.

[00:01:47]I've never I've never been a big fan of the payroll tax. I I think it discourages work and it discourages hiring. And so I'd love to I'm with Elizabeth Warren. If she wants to lower the payroll tax, I'm I'm completely with her on this. But this idea of tax the robots, you know, you're going to put an income tax on the robots? These company Look, we are moving into a future where everyone is going to get richer. I mean, this technology I was listening to your earlier segment with some of those small business owners who are talking about how it's expanding their business. This is the most exciting time ever, Brian, to be alive with these incredible technologies that are coming that will make human beings much much more efficient in what they do. You know, we'll all be able to have bigger houses, nicer cars, and we'll all have higher incomes. Now, are the jobs going to shift? Absolutely, they will. People are going to need new sets of skills, but it's an exciting period and to be against AI is like being against electricity or the wheel or fire.

[00:02:44]Yeah, um by the way, she says penalizes hiring people through payroll taxes. Yes, let's get rid of payroll taxes and all entitlements, Steve.

[00:02:55]>> There we go.

[00:02:55]>> Let's today end social security and Medicare cuz that's what payroll taxes fund. They fund a benefit. And they just Well, you know, but By the way, I was listening to your previous conversation and, you know, a great discussion you guys have. Should you go to college out of high school or should you work? You know what my solution is to that, Dana and Brian? Do both. Work and go to college. That's the way you succeed. The idea that everybody goes to college in 4 years is like John Belushi on campus. No, that's a bad idea. She wants to kill AI because it's a threat to government cuz anything great that happens in the private sector is a threat to the power of the stranglehold these lunatic politicians have on all of us.

[00:03:39]Oh, I need to take a breath. Moving on to this, the latest economic blow to a dirty blue state. Energy giant ExxonMobil, its shareholders, voting to approve the board's proposal to re-domicile to Texas today, leaving dirty Jersey in the dust.

[00:04:02]This is a big, big story, guys, because you've got a company that is, uh, you know, an epic, iconic company in America, Exxon, which, by the way, has been in New Jersey, domiciled in New Jersey for over 100 years. It's one of the 10 largest companies in America, and they're finally saying, "We're out of here. We're out of New Jersey. Your taxes are too high, too many lawsuits, too many regulations." And they have now moved to Where is everybody moving to?

[00:04:29]Texas, of course. And but what's so interesting is all the blue state politicians, "Oh, no, you can't move.

[00:04:35]It's a violation of your fiduciary duty and all of this stuff." And so they took it And, by the way, even the proxy voting services, ISS and Glass Lewis, which are corrupt, by the way, said, "No, don't They advised the shareholders to say, "Vote no." And they just See what the vote was? 71% of shareholders say, "We're out of New Jersey. We're going to Texas." Because Why would By the way, if you're an energy company and you produce oil and gas, why would you want to be in a state where that has been suing the oil and gas companies for climate change issues? You know, it doesn't make any sense. It totally. All right.

[00:05:09]>> By the way, we've shown that Kroger moved No, Kroger is still headquartered in Cincinnati. I know that cuz I live there. But go ahead. Fact check. Okay.

[00:05:19]Uh, we got that one last one for you, Steve. Okay, you So you got the straight to hormone moose and fertilizer, and it's creating an issue. All right. And we talked earlier in the show about straight to hormone moose. Um, I don't know if there's a way around that with fertilizer, Steve, but it just seems to me the way around it is actually through. You got to get the straight to hormone moose open. It matters to farmers, it matters to drivers, it matters to every manufacturing company.

[00:05:41]It's got to be the priority, Steve. Last thought.

[00:05:43]>> Yep. No, there's no question about it.

[00:05:45]So people obviously know about 35% of our oil flows through, but about the same amount of the fertilizer. And by the way, we should be producing more fertilizer here at home, Brian, but the environmental restrictions don't allow us to do this. But unfortunately, if that strait isn't open soon, I hate to say this, but food's going to be pretty expensive in the in the fall because they're the planting season now, and the farmers are saying they can't afford fertilizer. So, we got to get that problem solved. And by the way, in the meantime, why don't we get rid of the tariffs that are imposed the Biden era tariffs on fertilizer so it can come in the United States cuz our our great farmers need a helping hand.

[00:06:19]Yes, I read your note this morning, Mr. Moore, and to lower food prices and the Biden fertilizer tariffs. Nitrogen, right?

[00:06:30]Um I I read your note, so there you go.

[00:06:33]Thank you, sir.

[00:06:34]>> Me, too. I read it, too, Steve. I read it twice, in fact. He's just not the nerd I thought he was.

[00:06:38]>> You're making my day, guys. He read it and committed it to memory. I have to I have to carry it around. I was in college. I worked. I'm sick of these, you know, kids saying, "Oh, free free free college." That's a terrible idea.

[00:06:52]Yeah, I agree. Be more like Steve Moore.

[00:06:54]Yes.

[00:06:54]>> Steve Moore, great stuff. Good to see you, sir.