AI Tax and Work Protection Act imposes a tax on artificial intelligence token usage and establishes a Work Protection Administration within the.
The AI Tax and Work Protection Act imposes a tax on artificial intelligence token usage and establishes a Work Protection Administration within the Department of Labor. The Act defines "covered person" as those developing, selling access to, or modifying an open-weight foundation model and generating revenue or reducing workforce. The tax rate varies based on the applicable unemployment rate. The Act establishes a trust fund to receive tax revenues and authorizes appropriations to the Bureau of Labor Statistics.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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