Tax the Greedy Billionaires Pushes Tax on Extreme Wealth In Response to Latest Major AI Corruption
WASHINGTON, D.C. — OpenAI just confidentially filed for an initial public offering, days after Anthropic announced their own plans to go public and ahead of SpaceX’s debut earlier this week. In response, Tax the Greedy Billionaires Campaign Director Igor Volsky issued the following statement:
“This wave of AI companies filing IPOs underscores our increasingly two-tiered society—a handful of investors are about to become obscenely wealthy at the same time thousands of tech workers are being laid off and millions of Americans struggle to make ends meet.
“We’ve seen this horror movie before—and it always ends the same way. Companies like OpenAI and Anthropic have leveraged their massive financial and political capital to prop themselves up. They privatize the gains, making themselves inordinately wealthy, while passing the losses on to the rest of us.
“To keep them from rigging the system even further against us, we must tax their obscene wealth and break up their undue influence over everything from the prices we pay for groceries to people elected to Congress.”
Taxing Billionaires is Overwhelmingly Popular, Setting up Battle ahead of Midterms
An April 2026 poll by Impact Research shows that voters overwhelmingly support (77%) increasing taxes on billionaires—including 75% of Independents and even 65% of Republicans. Voters reward candidates who support raising taxes on billionaires and punish those who don’t: Candidates who embrace raising taxes on billionaires hold a 50-point electoral advantage over those who oppose such policies. This gap widens to a 79-point margin among Democratic primary voters (83% more likely to vote for candidate who supports increase versus just 4% for a candidate who is opposed).
About Tax the Greedy Billionaires
TGB works with constituencies and groups across the country to highlight how excessive concentrations of wealth are making life harder for all of us by undermining family stability, rising housing and health care costs, eroding racial justice, and devastating the climate.
For more information about the Tax the Greedy Billionaires campaign, visit https://taxgreed.org/
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