Sanders Proposes $7 Trillion AI Fund From 50% Stock Tax

3 articles · Updated · The Associated Press · Jun 17

A one-time 50% tax on the stock of AI companies with at least $200 million in annual AI sales would seed a public sovereign wealth fund that Bernie Sanders says would be worth nearly $7 trillion.
The plan would take shares rather than cash, making the public a major shareholder; a seven-member commission would manage the fund and use voting power to influence corporate decisions.
A 5% annual dividend from the fund would finance payments of more than $1,000 to every American, with additional gains directed to health care, education and housing.
Trump, OpenAI and Anthropic have all floated versions of public participation in AI wealth, but Sanders says his proposal goes much further by seeking public ownership of half of the largest AI firms.
Sanders is tying the idea to a broader anti-oligarchy campaign as voter anxiety over AI grows, with backlash over jobs, data centers and wealth concentration feeding the political opening.

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The Associated Press3h ago

Bernie Sanders Proposes $7 Trillion Public Sovereign Wealth Fund from AI Company Stock Tax

Newsweek3h ago

Bernie Sanders' AI Ownership Plan Is More Extreme Than He'll Admit | Opinion - Newsweek

MSN3h ago

Sanders has a radical new proposal: Give Americans 50% ownership of AI companies

8 Sources

Beyond a yearly check, how would public ownership of AI change the technology’s impact on our daily lives?

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Public Ownership at Scale: Analyzing the $7 Trillion American AI Sovereign Wealth Fund Act of 2026

Overview

Senator Bernie Sanders has introduced the American AI Sovereign Wealth Fund Act, aiming to create a $7 trillion public fund by imposing a one-time 50% stock tax on major U.S. AI companies. This bold proposal centers on public ownership, ensuring that the benefits and control of advanced AI technologies are widely shared, not just held by private companies. Sanders’ plan is much more aggressive than other ideas, rejecting small profit-sharing offers as insufficient. The Act seeks to prevent wealth concentration in the AI sector and promote a fairer distribution of AI-generated value to the public.

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