Preparing for an AI tax crisis
Podcast: MarketplacePublished On: Tue Aug 25 2026
Description: If artificial intelligence really does replace human labor, the U.S. could be in for a tax revenue crisis. That’s because high unemployment shrinks the pool of taxable wages. In this episode, we visit Akron, Ohio — the former tire capital of the world — to learn what happens when lost jobs snowball into lost government funding. Plus: Economists hope for cake but will settle for crumbs in Fed Chair Warsh’s Jackson Hole Symposium speech, and a new plan for Colorado River drought management draws backlash.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Read the stories in today’s episode:Will Fed Chair Warsh actually say anything in his big Friday speech?Two years after Hurricane Helene, Asheville Tea Company finds a new homeWhat Akron's rubber bust can teach us about a possible AI tax crisisThe new Colorado River plan is out, and it's already under fire
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