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Senator Bernie Sanders Proposes 50% Equity Tax on Major AI Companies via Sovereign Wealth Fund

AI Industry News

2026-06-02 16:02:40

According to PANews on June 2, Senator Bernie Sanders announced plans to introduce the American AI Sovereign Wealth Fund Act, which would impose a one-time 50% equity tax on the largest U.S. AI companies. The seized equity stakes would be transferred to a national sovereign wealth fund and distributed to all Americans through cash dividends, healthcare, education, and housing programs. Sanders argued that AI advancement builds on decades of public knowledge and government investment, making the resulting trillions in wealth a shared resource rather than private gain. The proposal currently remains in the policy advocacy stage, with Sanders indicating the complete bill text will be released in coming weeks.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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