How Federal Tax Policy Can Address AI

An AI Tax Could Be the Great Equalizer America Needs

—Alfieri—Getty ImagesAn idea that until recently would have been seen as radical—that the public should co-own AI—now commands bipartisan consensus. In June, Senator Bernie Sanders introduced the first AI tax in history, the American AI Sovereign Wealth Fund Act, which took up our AI equity tax framework. The bill proposes making the biggest AI companies owe the public half the equity in each company’s AI business, paid in newly issued shares. I…

New ITEP analysis: What Federal Tax Policy Can Do About AI

ITEP has a new brief out today looking at a question that is likely to become increasingly important as AI transforms the economy: What role should federal tax policy play in responding to AI? The report doesn’t endorse a single “AI tax.” Instead, it lays out three broad ways Congress could use the tax code as AI creates enormous new wealth while potentially displacing workers and imposing new costs on communities: Make sure the economic gains …

The AI Tax Bill That Could Reshape the American Workforce Forever

You’ve heard the buzz, haven’t you? The whispers about AI taking jobs, the nervous glances at automation, the looming question of what the future of work actually looks like. Well, those whispers are turning into shouts, and lawmakers are starting to listen. A new legislative proposal, introduced in the U.S. House of Representatives on August 7, 2026, isn’t just listening; it’s proposing a radical solution: a tax on artificial intelligence compa…

Protecting Privilege in the Age of AI: What Two New Federal Rulings Mean for Tax Professionals

Artificial intelligence tools are now a fixture of daily practice, for tax attorneys, CPAs, and the clients they share.