A growing coalition of lawmakers and AI companies are pushing proposals to ensure the wealth generated by AI doesn’t just pool at the top.
The proposals on the table
Sen. Bernie Sanders has put forward what might be the most aggressive proposal: a one-time 50% tax on the stock of leading AI firms, including OpenAI and Anthropic. The revenue would fund a sovereign wealth fund designed to give ordinary citizens a direct ownership stake in these companies, complete with board representation.
Sen. Elizabeth Warren is taking a different angle, proposing changes to the tax code that would redirect some of the AI industry’s winnings toward broader public benefit.
On the House side, Rep. Sam Liccardo is pushing for partnerships between tech firms and educational institutions. His proposal centers on tax credits that incentivize AI companies to invest in workforce training and education programs.
