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Senator Bernie Sanders introduced a bill Thursday to impose a one-time 50% stock tax on AI companies with over $200 million in annual revenue, creating a $7 trillion sovereign wealth fund that would pay every American a 5% annual dividend — estimated at over $1,000 per person. The proposal also requires companies to split their AI and non-AI businesses, with a new bipartisan commission wielding voting shares to block AI decisions "bad for the country." This is the...
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