Lily Batchelder

Kopple Professor @nyulaw. Former Asst. Secretary Tax Policy @USTreasury, Dep. Dir. @WhiteHouse NEC, Chief Tax Counsel @SenateFinance. @lilybatch.bsky.soc

[Lily Batchelder @lilybatch]

@MittRomney @TaxLawCenterNYU Curious if @MittRomney would also support an inheritance tax? 3/3 https://t.co/fyDnMotG6W

[Lily Batchelder @lilybatch]

Glad to see @MittRomney come out in favor of higher tax rates on the wealthy and ending stepped-up basis. Stepped-up basis is the worst of all worlds from a policy perspective – benefits the wealthiest, encourages inefficient investment, and incentivizes complex tax planning. 1/3

[Mitt Romney @MittRomney]

We’ve reached a point where any mix of solutions to our nation’s economic problems is going to involve the wealthiest Americans contributing more. https://t.co/m0zXuXeC43

[Lily Batchelder @lilybatch]

@MittRomney The @TaxLawCenterNYU has even more options for raising revenue by taxing the wealthy here. 2/3 https://t.co/kmV8Jr3l5l

[David Kamin @davidckamin]

It's back. With a (bad) budget bill done, there's apparently a push to get the Trump administration to do what it rightly rejected in the first administration--and use executive authority to cut capital gains taxes. https://t.co/OZ6ttNrxMV

[Bobby Kogan @BBKogan]

New: distributional analysis of the tax part of the Senate plan

In the Senate plan, ppl who make a million+ per year get more than twice as much as the bottom half of America combined

After incorporating the Medicaid & SNAP cuts, the poor get poorer while the rich get richer

[Brendan Duke @Brendan_Duke]

The Senate's One Big Beautiful Bill tax provisions are one big tax cut for rich people.

The tax cut for millionaires as a share of income is 10x larger than for low-income families.

And this doesn't even show how cuts to Medicaid/SNAP as well as tariffs make families worse off.

[Lily Batchelder @lilybatch]

New JCT distributional estimates of Senate Finance Committee proposed tax changes. Compared to current law, the bill heavily skews benefits to the wealthy as a share of after-tax income. 1/