AIFortuneabout 3 hours ago
New bill taxes AI tokens to fund jobs
4 min read
A new House bill would impose an excise tax on major AI companies, starting at 2% on tokens or 3% on revenue, with rates rising if unemployment climbs. Sponsored by Reps. Sara Jacobs, Greg Casar, and Valerie Foushee, the revenue would fund jobs in housing, infrastructure, and care.
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