Latest / Texas News Today | 2 Min News | The Daily News Now!
AI Tax to Save Jobs | Texas News
Congressman Greg Casar’s new AI Tax and Work Protection Act proposes taxing AI-driven job-cutting companies to fund grants for new jobs—escalating rates if unemployment hits 5% or above, with pauses during crises. While AI-linked layoffs hit over 126K since early last year, supporters argue proactive tax policy is needed to shield workers, while critics push for workforce training and state-led innovation instead. The bill would create a Work Protection Administration to boost hiring in childcare, construction, education, and healthcare—aiming to turn tech progress into worker gains, not…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.