Independent news has never been so important.

Did you know that you can get Democracy Now! delivered to your inbox every day? Sign up for our Daily News Digest today! Don't worry, we'll never share or sell your information.

Sen. Kyrsten Sinema Questions Tax Provisions of Democrats’ Reconciliation Bill

HeadlineAug 04, 2022

On Capitol Hill, Arizona Democratic Senator Kyrsten Sinema has signaled she wants changes to a budget reconciliation bill containing many of President Biden’s legislative priorities on energy, taxes and healthcare. In a private call with Arizona’s Chamber of Commerce on Tuesday, Sinema questioned part of the Inflation Reduction Act that would impose a 15% minimum tax on corporations. Sinema also questioned a provision to close the “carried interest loophole,” which taxes private equity and hedge fund managers at lower rates than most U.S. workers.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation