Connecticut Proposes Taxing AI Productivity Gains
Hartford News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Connecticut Lawmakers Propose AI Tax to Fund Worker Retraining: A new bill aims to tax companies for productivity gains from AI and tech, especially when jobs are lost. The surcharge would target businesses that increase revenue per worker hour while reducing their workforce or payroll. Revenue from the tax would fund worker retraining and technical education. Meanwhile, companies that use technology to boost output without cutting staff would receive a permanent tax break. The bill is set for a public hearing on Friday, with a deadline for legislative approval in July 2027.
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