Basic Income News and Discussions
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firestar464
- Posts: 8305
- Joined: Wed Oct 12, 2022 7:45 am
Re: Basic Income News and Discussions
When you read the cons it's usually "it ends" and/or "governments aren't willing enough to maintain the program"
Re: Basic Income News and Discussions
Bernie Sanders Wants to Send Every American a $1,000 Check Every Year — Funded by a 50% Tax on AI Companies.
By Mike Crisolago
August 17, 2026
Introduction:
By Mike Crisolago
August 17, 2026
Introduction:
Read more here: https://www.msn.com/en-us/news/politic ... 41&ei=16(Moneywise) If you thought creating goofy songs, making funny memes or organizing your grocery list was the best return on AI that you could get, think again. Senator Bernie Sanders wants to make it so that everyone in the U.S. gets a $1,000 payout from AI companies each year.
And he’s got a plan to do it.
On June 18, Sanders introduced his American AI Sovereign Wealth Fund Act — a law that the Vermont senator’s office says would “give the public a direct ownership stake in the largest AI companies in America” via a one-time 50% tax on AI company stock (1). They estimate that the tax would raise about $7 trillion, a portion of which could be used for the $1,000 payments.
“We’ve got to make sure that AI works for everybody and the common good, not just to make the richest people in the world even richer and more powerful,” Sanders told NPR, adding his concerns about AI’s impact on everything from widespread job losses to decimated privacy rights and the negative impact on the mental health of children (2)
1) https://www.sanders.senate.gov/press-re ... alth-fund/
2) https://www.npr.org/2026/06/18/nx-s1-58 ... ure-of-ai
Don't mourn, organize.
-Joe Hill
-Joe Hill
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firestar464
- Posts: 8305
- Joined: Wed Oct 12, 2022 7:45 am
Re: Basic Income News and Discussions
tfw the first thing people do with their stake is vote to shut it all down