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New York Post
New York Post
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Senator Bernie Sanders has proposed legislation to confiscate 50% of the assets of major AI companies, including OpenAI, Anthropic, and xAI, using a proposed "ownership tax" that would seize company stock without compensation. The bill, which aims to redistribute AI-generated wealth for the benefit of humanity, is unlikely to pass given current congressional Republicans. Critics argue the plan violates the Constitution’s takings clause, and it reflects a broader leftist push toward collectivism and property confiscation, which gaining support among young voters influenced by socialist education.
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