Independent Commission for Democratic AI

Senator Bernie Sanders introduced the American A.I. Sovereign Wealth Fund Act, imposing a 50% stock tax on large AI companies to create a $7 trillion public fund. The fund would distribute annual paym…

Sen. Bernie Sanders introduced the American A.I. Sovereign Wealth Fund Act on June 18, proposing a one-time 50% tax on the stock of major AI companies to create a U.S. sovereign wealth fund. The fund,…

Sen. Bernie Sanders introduced the 'American AI Sovereign Wealth Fund Act' on June 18, 2026, proposing a one-time 50% tax on the stock of the largest U.S. AI companies to create a public fund worth an…

Senator Bernie Sanders unveiled a $7 trillion plan to transfer control of the AI industry to the American public through a 50% tax on large AI firms, creating a sovereign wealth fund that would pay an…