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Treasury Tax Official Leaving Biden Administration

  • Kim Clausing was deputy assistant secretary of tax analysis
  • Clausing plans return to academia, Treasury spokeswoman says
The US Treasury building in Washington, D.C.

The US Treasury building in Washington, D.C.

Photographer: Joshua Roberts/Bloomberg

The Treasury Department’s deputy assistant secretary of tax analysis, Kimberly Clausing, is leaving the Biden administration.

Clausing, an expert on corporate profit shifting, was part of the administration’s team that sought to recoup money the government was owed but didn’t collect. She pushed to increase taxes on corporations and wealthy Americans, including upping the domestic corporate rate to 28%.