According to the source, Bernie Sanders is advancing an American AI Sovereign Wealth Fund Act that would use a one-time 50% equity tax on the largest U.S. AI companies to fund public benefits.
Bernie Sanders is described as planning the American AI Sovereign Wealth Fund Act, which would impose a one-time 50% equity tax on the largest U.S. AI companies. According to the source, the taxed shares would be transferred into a national sovereign wealth fund to support cash dividends as well as healthcare, education, and housing. The proposal remains at the policy advocacy stage, and full bill text is expected in the coming weeks.