Bernie Sanders Introduces a Bill to Give U.S. Citizens a 50% Ownership in Large AI companies, Estimated to be Worth $1,000 Annually for Every American

Sanders’ office says the American AI Sovereign Wealth Fund Act would impose a one-time 50% stock tax on the largest AI companies. Firms reaching at least $200 million in annual AI revenue would transfer shares, rather than cash, into a public fund. At current valuations, Sanders estimates those holdings could be worth nearly $7 trillion.

The Associated Press explains that ownership would be collective rather than deposited into personal brokerage accounts. A seven-member commission nominated by the president and confirmed by the Senate would manage the shares and exercise its voting power. The proposed body could challenge corporate decisions it deems harmful and advocate for policies that benefit the public.

Sanders’ legislation estimates that a 5% annual distribution could provide more than $1,000 to every American. Additional gains could support health care, education, housing, and environmental programs. However, the payment depends on the fund’s value, dividend policy and company performance, meaning the headline figure should be treated as a projection rather than promised income.

Axios identifies major legal and operational questions behind the proposal. Congress would need to define which companies qualify as AI businesses, determine how diversified technology firms separate their AI operations, and address the constitutional and investment consequences of taking a half stake in their equity. The plan has been introduced, but passage through Congress appears highly uncertain.

Why it Matters:

Sanders’ 50% model is far more aggressive than ideas discussed by the Trump administration and technology executives, but their shared interest signals growing concern that AI could concentrate wealth while displacing workers. The proposal may therefore influence the policy debate even without becoming law.

If AI is built partly from society’s accumulated knowledge and public infrastructure, should citizens receive only stronger regulation, or an actual ownership claim on the wealth it creates?