The Inflation Reduction Act aimed to narrow that loophole by extending the short-term tax rate to five years. The bill's provision was projected to raise $14 billion over a 10-year period.But"Senator Sinema said she would not vote for the bill, not even move to proceed unless we took it out," he said."So we had no choice."
A spokeswoman for Sinema defended the senator's record when asked by CNBC on Friday about Schumer's remarks and her stance on carried interest. Schumer said that another tax piece from the Inflation Reduction Act was taken out in order to secure the deal with Sinema. This one came from a proposal to impose a
While that part of the bill was altered,"$258 billion of that remains, so the vast majority remains," Schumer said.
Yea Right…why hurt your biggest backers? The republic is dead. All hail our oligarch rulers.
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Schumer: Inflation Reduction Act Has Votes to Pass After Concessions to SinemaConservative Democrat Sen. Kyrsten Sinema announced that she will support the Inflation Reduction Act after Democratic leaders agreed to take out proposals to raise taxes on businesses and the wealthy in order to fund the bill. fkn joke Those were the parts that reduced inflation. More Democratic failure. It's adding up.
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Arizona Sen. Kyrsten Sinema Agrees To Back Inflation Reduction ActSen. Kyrsten Sinema (D-AZ) agreed Thursday night to “move forward” on the Inflation Reduction Act, clearing the way toward a potential passage of the spending bill if another holdout Democrat does …
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Sen. Sinema agrees to 'move forward' on Democrats' energy, drugs billU.S. Senator Kyrsten Sinema said in a statement on Thursday night she has agreed to 'move forward' on Democrats' climate, tax and healthcare legislation. This is what a 'moderate' democrat looks like, ball busted us down to a third of what we needed. ZevShalev What an absolute joke. I'm so sick of corporate shills having any say at all. RT SRuhle Carried Interest serves pretty much NO ONE in Arizona - but there are some dudes on mega yachts on the Mediterranean toasting SenatorSinema tonight
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Kyrsten Sinema agrees to compromise on inflation billSen. Kyrsten Sinema agreed Thursday night to “move forward” with her fellow Democrats on the scaled-back Inflation Reduction Act that another holdout Democrat, Sen. Joe Manchin, agreed … she's lost my vote (Phoenix resident). Inflation bill? Really nyp? Manchin and sinema are uniparty folks
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Sinema Wants to Prevent Closure of Tax Loophole for Rich in Reconciliation BillTrue to her funders, Sen. Kyrsten Sinema is pushing Wall Street interests in relation to the reconciliation package. Kyrsten Sinema is a shameless grifter. No bucks, no Buck Rogers.
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Sinema agrees to economic bill, signaling Democrats have votes to move forwardSen. Kyrsten Sinema said after winning multiple amendments to the bill's language regarding tax provisions, she will 'move forward.'
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