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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKyrsten Sinema is torpedoing Democrats' plans to roll back the Trump tax law
Opposition from Sen. Kyrsten Sinema of Arizona to lifting tax rates on individuals and large businesses is derailing Democrats' plans to roll back President Donald Trump's tax law, setting off a last-ditch effort to seek alternatives that can lock in the centrist Democrat's support.
A Senate Democratic aide familiar with the discussions told Insider that other options were still on the table, including stepping up IRS tax enforcement and tightening international tax rules. The Wall Street Journal first reported the story.
Insider reported last week that Sinema was opposed to bumping up tax rates on large firms and wealthy individuals, dealing a major setback to a centerpiece of the Democratic agenda: rolling back the 2017 GOP tax law.
Democrats argued for years that the law provided outsized financial benefits for the rich and helped accelerate inequality. Sinema's opposition to both individual and corporate rate increases strips over $700 billion in new revenue for their nascent safety net plan.
https://www.yahoo.com/news/kyrsten-sinema-torpedoing-democrats-plans-212038999.html
Takket
(21,607 posts)I'm kinda sick of this charade. She's a rethug, they got to her with the cash, she's not with her party on any major party priorities. Enough.............
Leghorn21
(13,526 posts)Yes, she can go marry him because what a righteous pairing THAT would be
2naSalit
(86,743 posts)tirebiter
(2,538 posts)He does see the need to raise taxes on the rich.
SergeStorms
(19,204 posts)There's a word for that, isn't there? Someone who sells them self for services rendered. Oh.....what's that word again? Rhymes with floor.... door....more....store.....
I give up. I'm sure it will come to me later.