As is typical of avaricious communists, Bernie Sanders is proposing that the U.S. government seize 50 percent ownership of large artificial intelligence companies. He claims it would be a one-time tax. Since when does any tax go away once levied?
“I will soon be introducing the American A.I. Sovereign Wealth Fund Act. “This legislation would give the public a direct ownership stake in the largest AI companies in our country,” Sanders announced in a New York Times opinion article published online. “It would create a sovereign wealth fund through a one-time 50 percent tax—not on the profits of OpenAI, Anthropic, xAI, and other companies, but paid with something far more valuable than that: the stocks.
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