A proposal to (partially) avoid the coming fiscal cliff: Chatting with Natasha Sarin.

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Jeff and Scott discussed a new tax proposal with Natasha Sarin, an economist and lawyer at Yale Law School and Yale School of Management. Natasha, in collaboration with Kim Clausing, developed a plan aimed at increasing tax revenue. This plan  also anticipaties several tax provisions expiring in 2025.

The proposal, "The Coming Fiscal Cliff: A Blueprint for Tax Reform in 2025," includes the following proposals, among others:

1. Raising the corporate tax rate.
2. Overhauling the current international tax system.
3. Introducing a carbon tax.
4. Securing permanent funding for the IRS.
5. Implementing a financial transactions tax.
6. Expanding the Child Tax Credit and the Earned Income Tax Credit.

Overall, these measures aim to generate an additional 3.5 trillion in revenue, over the current baseline of projected revenue

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