Tax Coda

Tax Coda

The Subsidy Reflex in the Age of AI

A subsidy becomes policy the moment no one remembers what it was meant to correct.

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Tax Coda
Nov 20, 2025
∙ Paid

Governments tend to treat new technologies the way tired parents treat precocious children. They reward enthusiasm first and ask about consequences later.

Tax credits become the bonding mechanism. The problem is not malice. It is drift. Once incentives are set, the system follows them with surprising obedience.

The AI buildout is arriving at the moment w…

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