OpenAI investor Vinod Khosla advocates eliminating federal income tax for Americans earning under $100,000 by increasing capital gains taxes, arguing the policy would offset AI-driven job displacement fears. Khosla, a billionaire backer of AI ventures, claims taxing investment gains instead of wages would redistribute wealth created by AI technologies while maintaining government revenue neutrality. He framed the proposal as urgent, citing widespread voter anxiety about AI replacing jobs as the 2028 presidential election’s defining issue.

Khosla, speaking at a Washington forum, emphasized that AI’s economic impact already dominates public discourse, surpassing traditional concerns like inflation or healthcare. He praised the Trump administration’s AI policy for balancing innovation and oversight but criticized Trump’s transactional leadership style. The investor highlighted divisions within Trump’s coalition, noting some supporters now demand stricter AI regulations. Khosla also faulted Democrats for prioritizing “job preservation” over supporting displaced workers, urging a focus on economic security instead.

While Khosla has not endorsed a 2028 candidate, he dismissed Republican frontrunners JD Vance and Marco Rubio for aligning with Trump’s policies. He criticized Democratic fundraising struggles, blaming donor alienation from progressive policies. The investor hinted at seeking a “surprise” candidate, comparing past electoral upsets like Obama and Trump. His comments follow AI’s rise as a top voter concern, with implications for regulation, labor markets, and geopolitical strategy.

Capital gains tax reforms and AI policy debates will likely shape 2028 election dynamics, as Khosla’s proposal underscores growing demands to address technological disruption. His influence as a Democratic donor and AI investor positions him as a key voice in bridging tech innovation and equitable growth.