Yale's Martha Gimbel Pushes AI Tax Reform as US Revenue Falls Short of Spending
Updated
Updated · Bloomberg · Aug 18
Yale's Martha Gimbel Pushes AI Tax Reform as US Revenue Falls Short of Spending
1 articles · Updated · Bloomberg · Aug 18
Summary
Martha Gimbel, executive director of Yale’s Budget Lab, is advancing research and policy ideas to adapt the US tax code to AI as Washington debates how to tax the technology’s gains.
AI’s potential to reshape jobs, profits and tax collection is driving that debate, especially as the federal government collects far less revenue than it spends.
Democrats, Republicans and some AI executives are all weighing proposals aimed at sharing wealth created by AI while limiting disruption to the broader economy.
Gimbel’s role gives the discussion policy weight: she co-founded the Budget Lab in 2024 and previously served as an economic adviser in President Joe Biden’s White House.