We can guess where the public’s best interests could be treated as bargaining chips. OpenAI and Anthropic are preparing IPOs and likely need the administration’s goodwill. OpenAI, for example, is currently under pressure from the government to limit GPT-5.6’s release—a constraint the administration might be persuaded to drop in exchange for a donated equity stake. The administration’s record shows it accepts equity as consideration for looking the other way or relenting. Yet none of these dealings inherently benefit the American public.
In response, only Sanders has committed to actually issuing payouts to each American. With Sanders’ AI equity tax, there is no question mark about the public benefit of the tax. After all covered AI companies remit half their equity in newly issued shares, a public trust fund holds the shares, and the fund must pay out its returns to the public by statute. According to estimates from Sanders’ office, a 5% annual distribution would be about $1,045 per person per year. Since no public funds are used to buy shares and the bill specifically prohibits public bailouts of covered companies, the US public truly shares in the upside of AI.
