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Reposted by Lily Batchelder

Chye-Ching Huang @dashching.bsky.social · Jun 24

THREAD:

GOP Senators say they're trying to scale back the SALT cap relief in the House bill. But could the approach to SALT in the Senate bill actually end up *more* generous & costly overall than the House bill? Do Senators – or does anyone – even know, despite the intense political focus on SALT?

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Lily Batchelder @lilybatch.bsky.social · Jun 24

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Lily Batchelder @lilybatch.bsky.social · Jun 24

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Lily Batchelder @lilybatch.bsky.social · Jun 24

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Lily Batchelder @lilybatch.bsky.social · Jun 24

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Lily Batchelder @lilybatch.bsky.social · Jun 24

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Lily Batchelder @lilybatch.bsky.social · Jun 24

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Lily Batchelder @lilybatch.bsky.social · Jun 24

JCT tables follow. (Prior chart was for 2027 and calculated from JCT tables.) 2/

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Lily Batchelder @lilybatch.bsky.social · Jun 24

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

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Reposted by Lily Batchelder

The Tax Law Center at NYU Law @taxlawcenter.org · Jun 3

Full recording of our discussion on risks to taxpayer privacy from DOGE & related efforts featuring Daniel Werfel, Lily Batchelder, Brandon DeBot, Elizabeth Laird, and David Padrino nyu.zoom.us/rec/share/IF...

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Lily Batchelder @lilybatch.bsky.social · Jun 3

Looking forward to this discussion starting at 1:30 with Danny Werfel and cybersecurity, IT modernization, and tax policy experts!

The Tax Law Center at NYU Law @taxlawcenter.org · May 29

On June 3, join us for a webinar on the risks to taxpayer privacy as taxpayer data is accessed and shared across government in unprecedented ways. The event will be moderated by @lilybatch.bsky.social and feature an opening discussion with Daniel Werfel. Register here: nyu.zoom.us/webinar/regi...

Welcome! You are invited to join a webinar: Understanding Risks to Taxpayer Privacy. After registering, you will receive a confirmation email about joining the webinar.

Please join the Tax Law Center for a virtual discussion of the legal, privacy, and cybersecurity risks of unprecedented efforts to access, use, and share taxpayer data across government for purposes f...

nyu.zoom.us

Lily Batchelder @lilybatch.bsky.social · May 31

On June 3, I'm moderating a panel for the @taxlawcenter.org on the privacy risks of unprecedented access / sharing of taxpayer data across government. We'll hear from Former IRS Commissioner Daniel Werfel plus Brandon DeBot, Elizabeth Laird & David Padrino. Please join! nyu.zoom.us/webinar/regi...

Register for Webinar: Understanding Risks to Taxpayer Privacy

Please join the Tax Law Center for a virtual discussion of the legal, privacy, and cybersecurity risks of unprecedented efforts to access, use, and share taxpayer data across government for purposes f...

nyu.zoom.us

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Reposted by Lily Batchelder

Brendan Duke @brendanvduke.bsky.social · May 14

New @centeronbudget.bsky.social analysis of the draft GOP tax plan released yesterday:

Unsurprisingly, it provides enormous tax cuts for the wealthy—including an average annual $65k cut for the top 1%—while doing little for low- and moderate-income families in 2027 (and even less by 2029).

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Lily Batchelder @lilybatch.bsky.social · May 2

For more details on the law, see this Tax Law Center post. Overwhelming bipartisan majorities in Congress have enacted laws making it a crime for the President and his staff to request an audit or investigation of a particular taxpayer. 3/3 taxlawcenter.org/blog/irs-sta...

IRS Staff Must Reject and Report Attempts at Political Interference in Tax Investigations

Recent reporting suggests that the President and other Administration officials may have attempted to initiate or interfere with IRS investigations for political reasons. Overwhelming bipartisan major...

taxlawcenter.org

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Lily Batchelder @lilybatch.bsky.social · May 2

If the President can announce that he is revoking the tax-exempt status of a charity, we have crossed a rubicon that has no clear end. What will stop him or any President from weaponizing the IRS to intimidate any political opponent or group he dislikes into silence? 2/3

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Lily Batchelder @lilybatch.bsky.social · May 2

The President just effectively signed a statement that he is committing a crime, violating a criminal statute enacted with overwhelming bipartisan majorities (it passed 96-2 in the Senate). Here is the law and his post. 1/3

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Lily Batchelder @lilybatch.bsky.social · Apr 22

Harvard may not be at the top of most people’s list of favorite charitable causes, but if the President’s and WH's unlawful interference in IRS actions regarding specific TPs and charities isn’t stopped, it means he or any president can come for your church or community group.

Harvard sues the Trump administration in escalating confrontation

Lawsuit argues that government actions, including freezing $2.2 billion in federal funding, violated the First Amendment and didn’t follow legal procedures.

www.washingtonpost.com

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Lily Batchelder @lilybatch.bsky.social · Apr 20

This violate the law (which was passed by a vote of 96-2 in the Senate in 1998) that makes it a crime for the President and his political advisors to directly or indirectly interfere in IRS audits or investigations. 11/11 medium.com/@taxlawcente...

Understanding the Tax System’s Protections Against Political Interference in the Tax Code

By: The Tax Law Center

medium.com

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Lily Batchelder @lilybatch.bsky.social · Apr 20

Now R lawmakers are silent when the President – the most political actor of all! – is pressuring the IRS to revoke the tax exempt status of nonprofits he doesn’t like. 10/

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Lily Batchelder @lilybatch.bsky.social · Apr 20

One of the recommendations from the bipartisan Senate Finance Committee report was that *anyone* with influence over whether and how tax exempts are reviewed and audited should be precluded from participating in political work, even when off-duty. 9/

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Lily Batchelder @lilybatch.bsky.social · Apr 20

The IRS was defunded for a decade to a large extent in response. 8/ www.cbpp.org/charts/budge...

Budget Cuts Have Reduced Enforcement Staff by 31 Percent Since 2010 | Center on Budget and Policy Priorities

www.cbpp.org

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Lily Batchelder @lilybatch.bsky.social · Apr 20

Despite the fact that it is not crazy (except as a political matter) to select applications for tax exempt status for review about whether they intend to abide by lobbying limits if their name includes terms associated with electioneering, 7/

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Lily Batchelder @lilybatch.bsky.social · Apr 20

Despite the fact that these weren’t even audits but rather keywords were used in triaging applications for tax-exempt status, 6/

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Lily Batchelder @lilybatch.bsky.social · Apr 20

Despite the fact that there was no evidence of interference by political appointees (let alone the WH or President!), despite the fact that the IRS voluntarily disclosed this information without prompting, 5/

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