The nonpartisan CRS estimates that under the tax law passed last year, the effective tax rate on debt-financed corporate investment in equipment is now negative 21% and, on intangible assets like AI models, it is negative 59%. 8/17
Lily Batchelder
@lilybatch.bsky.social
1.5K followers 112 following 85 posts
Kopple Family Professor, NYU Law. Faculty Director @taxlawcenter.org. Former Assistant Secretary for Tax Policy at Treasury; Deputy Director, National Economic Council; Chief Tax Counsel, Senate Finance Committee.
