Steve August 5, 2022
after-shielding-tax-loophole-for-private-equity,-sinema-backs-senate-bill

“Kyrsten Sinema has spent her entire Senate term posturing for a multimillion-dollar job in private equity,” said one critic. “Now she’s looking to close the deal.”, Sen. Kyrsten Sinema announced late Thursday that she has agreed to back Democrats’ new reconciliation bill, but only after securing changes to a proposed levy on major corporations and forcing the removal of a provision targeting a notorious tax loophole exploited by rich investors.In a statement, Sinema (D-Ariz.) said that she and the Democratic leadership agreed to strip out “the carried interest tax provision, protect advanced manufacturing, and boost our clean,2022-08-05 08:57:00,Read More

from Common Dreams