Natasha Sarin
@NatashaRSarin
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Professor @YaleLawSch & @YaleSOM. President @the_budget_lab. Contributor @nytopinion. Former Counselor at @USTreasury; Professor @PennLaw & @Wharton.
Joined February 2019
The IRS is outgunned, outmanned, outnumbered, outplanned. Single most imp tax reform is providing resources needed to police the $$$. My latest in @nytopinion ⬇️
“If the I.R.S. were able to collect the unpaid taxes that the top 1 percent owe — absent any increases in top tax rates or new system of wealth taxation — enough revenue would be generated to wipe out student debt for most people in this country.”
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As we have repeatedly said, markets are underpricing political risk
Nvidia, Amazon, Google will have to divest from Anthropic if Hegseth gets his way. This is simply attempted corporate murder. I could not possibly recommend investing in American AI to any investor; I could not possibly recommend starting an AI company in the United States.
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I'll do a little FAQ for if you clicked over to my profile from the WSJ article, which got more popular than I expected. Q: Was this a terrible risk? A: I promise it was fine and I was never worried about it. Closer to 100% than 99%, ex ante. The article mentions I considered it
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HAPPENING NOW: Join us in a few minutes for a webinar on pro-worker AI, featuring @DAcemogluMIT, @davidautor, @baselinescene, and @NatashaRSarin.
hamiltonproject.org
On February 25, The Hamilton Project at the Brookings Institution hosted a virtual event to discuss pro-worker AI.
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I’ve got a fun one this morning. If you saw what you thought was a surefire money-making opportunity to go all-in, would you? Here’s what @AlanMCole did:
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Look so forward to moderating this discussion with @DAcemogluMIT @davidautor and @baselinescene Register here:
TOMORROW: What does it mean for AI to be pro-worker, and how do we get there? Join us at 2:00 pm EST.
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This is ludicrous. @BudgetHawks and @MayaMacGuineas are outstanding. Their analysis is excellent and accurate. And they are completely and thoroughly nonpartisan. I rely on their analysis regularly. They are gold standard.
Bessent: "Maya MacGuineas should be ashamed. And they should take the word 'responsible' out of her organization's name. Everything she told you was completely irresponsible. Where were they when the Biden administration blew out the deficit?" (Watch Maria Bartiromo's reaction
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Former Trump Economic Advisor @StephenMoore & Former Treasury Department Official @NatashaRSarin discuss what’s next for the Trump Administration’s tariff agenda:
cnbc.com
Natasha Sarin, Yale Law School professor and former Biden Treasury official, and Stephen Moore, Unleash Prosperity co-founder and former Trump economic advisor, join 'Squawk Box' to discuss the...
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It was great to join @JoeSquawk @andrewrsorkin and @StephenMoore on @SquawkBoxCNBC this morning to discuss the implications of the Supreme Court's tariff decision ahead of tomorrow's State of the Union. Link here: https://t.co/S4QF2Oi3Do
cnbc.com
Natasha Sarin, Yale Law School professor and former Biden Treasury official, and Stephen Moore, Unleash Prosperity co-founder and former Trump economic advisor, join 'Squawk Box' to discuss the...
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I very much enjoyed this conversation with @FareedZakaria on the aftermath of the Supreme Court's tariff ruling Friday.
The Supreme Court dealt President Trump perhaps the biggest blow of his second term on Friday, when it struck down many of his sweeping global tariffs. I asked @UCLA_Law professor @KClausing what it means for the economy & for businesses:
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the money chart & the best visual to voter outrage (see, 1890). Here is the @The_Budget_Lab
https://t.co/gHbo8drSCu
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🚨🚨🚨
New estimates from @The_Budget_Lab including the possibility of 15% section 122 tariffs (which at the moment I believe only exist in tweet form). Everyone tip @riccoja so he doesn’t have to pay taxes on it. Only a slight movement up in overall ETR which reflects the exemptions.
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Hot off the presses estimate of the new 15% tariff rate. Fortunately the law doesn't allow Trump to go higher than 15% so hopefully the @The_Budget_Lab people can enjoy some of their weekend. (Arguably the law doesn't allow Trump to do any of this but others can sort that out.)
New estimates from @The_Budget_Lab including the possibility of 15% section 122 tariffs (which at the moment I believe only exist in tweet form). Everyone tip @riccoja so he doesn’t have to pay taxes on it. Only a slight movement up in overall ETR which reflects the exemptions.
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Amazing work from the @The_Budget_Lab team 🙌 Headline fact is we started with an effective tariff rate this morning pre-SCOTUS of 16.9% and post the Trump EO we are back to 13% *For the next 150 days, and as of now, as world keeps changing, BL will keep updating
New @The_Budget_Lab estimates of the impacts of the new tariff policy announced today. We provide two options: tariffs under 122 remain temporary (as under the law) and they become permanent because the Admin finds a way under other authorities to functionally replicate them
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After the Supreme Court struck down President Trump's global tariffs, he pledged to keep most of them in place through other means. For more on what the ruling and the president's response mean for the economy, @IAmAmnaNawaz speaks to @NatashaRSarin.
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@The_Budget_Lab estimates that, after the SCOTUS decision removing IEEPA tariffs, the average effective tariff rate will fall to 9.1 percent (pre-sub).
budgetlab.yale.edu
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The tariff chaos is just beginning. My latest, post-SCOTUS, for @nytopinion, here: https://t.co/lWsa2GmMS1
nytimes.com
The Supreme Court has spoken. What now?
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New SCOTUS adjusted tariff analysis from @The_Budget_Lab is here, thread from @john_iselin coming shortly:
budgetlab.yale.edu
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🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
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