Artificial intelligence and data centers are the shiny new thing, so of course, in the eyes of Democratic senators like Elizabeth Warren and Bernie Sanders, it's something new to tax. Socialist Sanders sees dollar signs in front of his eyes, and the progressive media outlet More Perfect Union is happy to announce that Sanders will introduce a bill that will have the government ("the public") take 50 percent of the stock of the country's biggest AI companies.
BREAKING: Bernie Sanders will introduce a bill to have the public take a 50% ownership stake in the country's biggest AI companies.
— More Perfect Union (@MorePerfectUS) June 1, 2026
The American AI Sovereign Wealth Fund Act would have the government tax AI companies, take 50% of the stock, and put it under public control.
Sounds like communist propaganda, but OK.
— Sticks (@___sticks___) June 1, 2026
Bernie Sanders wants the government to own 50% of the companies that built AI. He contributed nothing. No code, no capital, no risk. This is confiscation dressed as fairness. Countries that let builders build will win. The rest will import the results at ten times the price.
— Martin Varsavsky (@martinvars) June 1, 2026
Welcome to America, the land of opportunity. Here you can work hard, invent something, and once you’re successful the government will take half and tax you on the other half.
— Ron Rule (@ronrule) June 1, 2026
lol. Public control. Meaning him and his buddies. Communist confiscating wealth in the name of the people when the people will never see any of that wealth is evil and unconstitutional.
— William Hurst (@midpackergeek) June 1, 2026
Communists love stealing the wealth of others
— Pro-America | Politics & Markets (@Pro__Trading) June 1, 2026
why not tax 100% and just nationalize them so we can go back to the stone age
— Greg Osuri 🇺🇸 (@gregosuri) June 1, 2026
Well that sounds perfectly insane.
— Creative Deduction (@CreativeDeduct) June 1, 2026
Literally the worst idea in American history. Absolutely fucking no
— Stop the Forever Wars (@DoctorFishbones) June 1, 2026
Bernie keeps getting bolder and bolder about stealing from people.
— libertarianass (@libertarian_ass) June 1, 2026
Just outright stealing half of these companies is peak Bernie
— Gary in DFW (@LakerGMC_) June 1, 2026
“Public control”
— Steve Martin (@RighttoTryGuy) June 1, 2026
Oh great so I can vote with my share?
Or some bureaucrat/committee votes but says it’s in my interest?
Quickest way to destroy AI.
— Andy Martin (@Dollarlogic) June 1, 2026
We need to rip the communists out of government root and stem. They cannot be allowed to destroy this country.
— Matthew Williams (@MatthewW_eacc) June 1, 2026
Everyone knows this is just a way saying Democrats want to unlawfully tax and take over legal businesses and use the funds how they want
— SK (@Skonc33) June 1, 2026
Look, The New York Times even went ahead and drew up a commie "power to the people" graphic to accompany Sanders' piece:
"If passed, this legislation would do two crucial things. First, it would give the public a direct role in determining the future of this technology..."https://t.co/gPvQE2PvIO
— More Perfect Union (@MorePerfectUS) June 1, 2026
If passed. None of Sanders' bills have passed. This one won't either.
***
Editor’s Note: Help us continue to report the truth about corrupt politicians.
Join Twitchy VIP and use promo code FIGHT to receive 60% off your membership.
Join the conversation as a VIP Member