
The Guardrails
America's first AI tax: taxing tokens to fund the jobs AI takes
This week, three House Democrats introduced the first serious federal proposal to tax AI usage itself — a levy on the tokens companies sell and the revenue they take in, bankrolling a New Deal-style jobs program. The bill has essentially no chance of passing a Republican-controlled House. It matters anyway: it is the moment Washington started trying to put a price on AI-driven displacement, and the fight over how to tax AI is fast becoming the Democratic Party's liveliest policy argument heading










