California's AI Revenue Trap: Tech Giants Replace Taxpayers With Tax-Free Automation
California tax revenue getting a boost from AI boom — but for how long? | KPBS Public Media Key Features of the Visualization: Main Chart (Top): Shows three distinct trajectory scenarios: Scenario 1 (Orange): Managed Decline - assumes moderate job losses and some emergency measures work (deficit reaches ~$50B by 2035) Scenario 2 (Red): Accelerated Exodus - most likely path with aggressive AI adoption + regulatory-driven relocations (deficit reaches ~$108B by 2035) Scenario 3 (Dark Red): Constitutional Crisis - robot tax fails, remaining companies flee (deficit reaches ~$145B by 2035) Bottom Left Chart: Shows the dual impact: Cumulative job losses (bars) reaching 1.4 million by 2035 Annual tax revenue lost (line) reaching $28B by 2035 Bottom Right Chart: Revenue composition showing: AI stock-option withholding peaking then collapsing Other income tax declining Other revenue sources (sales, property) slowly eroding Critical Thresholds Highlighted: $50-80B range: Crisis ter...