Congress has failed to pass comprehensive AI legislation despite 183 bills since ChatGPT's launch. Meanwhile 92 million jobs face disruption by 2030 and Nvidia made $72.9 billion profit last year while OpenAI lost $14 billion. Chartered Accountant and former CEO Noreen Hynes FCA examines what governments must do — and proposes five specific tax reforms to ensure the workers bearing the cost of this transition share in its benefits.