House Democrats Propose AI Tax to Fund Worker Jobs Program as Sanders Backs 50% Levy
Updated
Updated · POLITICO · Aug 6
House Democrats Propose AI Tax to Fund Worker Jobs Program as Sanders Backs 50% Levy
3 articles · Updated · POLITICO · Aug 6
Summary
Three House Democrats unveiled the AI Tax and Work Protection Act, which would tax AI developers and use the proceeds for a new Work Protection Administration aimed at workers displaced by AI.
The bill would charge leading AI companies on either token prices or product revenue—whichever is higher—and would raise the tax further if unemployment increases.
Reps. Greg Casar, Valerie Foushee and Sara Jacobs cast the measure as a response to what they call a lack of federal protection against AI-driven job losses.
The proposal adds to a broader progressive push to make AI companies share more of the industry’s gains; Bernie Sanders introduced a separate bill in June calling for a one-time 50% tax on leading AI firms’ stock.