AI could shift tax pressure toward Bitcoin as labor income loses ground, Carter says

AI could increase pressure to tax Bitcoin wealth and unrealized gains as more income flows to capital owners, according to Nick Carter. He argued that a shrinking labor share of income could strain governments that rely heavily on taxing work to finance welfare spending. In an October 27 interview with Natalie Brunell, the Castle Island Ventures partner said Bitcoin could fall within broader efforts in the West to tax assets while they are held. Carter suggested that AI could accelerate that shift, making capital taxation an issue Bitcoin holders may face over the next decade. Carter described the US income split as roughly 70% labor and 30% capital, with government funding also heavily dependent on taxes on labor.

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