Amid competitiveness concerns and fundamental questions about tax structure, one expert said congressional Republicans have been largely quiet about a new AI tax.
Democrats have forwarded a number of proposals to tax AI in the last several months — from ending tax incentives for data centers to a “token tax” to a tax on data center electricity usage. Senator Bernie Sanders (I-VT) has gone as far as calling for government acquisition of a 50% equity interest in AI companies and the creation of a sovereign wealth fund.
However, when it comes to AI tax proposals, PwC’s Rohit Kumar told Checkpoint he’s “not hearing anything” from the Republican side. And given President Donald Trump’s August 31 social media post, Kumar suspects congressional Republicans will “think twice about wandering onto the tax AI playing field.”
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