Some essential provisions of the Tax Cuts and Jobs Act will expire in 2025. In the meantime, spending is more likely to improve. This means there can be a debate on fiscal coverage. Natasha Sarin served as an advisor to Treasury Secretary Janet Yellen on the US Treasury, and is now a professor at Yale and president of the Budget Lab, a analysis heart that analyzes US politics. And one factor he has studied is the tax place of many ultra-rich. Much of their wealth is made up of shares, which aren’t taxed till they’re offered. This week we’ll ask: What’s the easiest way to tax the highest 1%?
Soumaya Keynes writes a column each week for the Financial Times. You can discover it right here
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