Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

BeckyDem

(8,361 posts)
Fri Oct 22, 2021, 05:38 PM Oct 2021

Sinema's Tax-Rate Blockade Prods Democrats Left Toward Billionaires' Tax




By Jonathan Weisman
Oct. 22, 2021Updated 4:45 p.m. ET

WASHINGTON — Senator Kyrsten Sinema, Democrat of Arizona and one of her party’s only holdouts on President Biden’s sprawling budget bill, has cultivated a profile in Congress as a business-minded centrist.

But her refusal to raise tax rates on high earners and major corporations to pay for Mr. Biden’s plan is pushing Democrats toward wealth taxation and other measures once embraced only by the party’s left flank.

The frenzied search for new paths around Ms. Sinema’s tax-rate blockade has cheered liberals but raised serious qualms among more moderate Democrats, who now openly say they hope that Ms. Sinema’s business allies will pressure her to relent once they — and she — see the details of the alternatives that she is forcing on her colleagues to pay for around $2 trillion in spending on social programs and anti-climate change initiatives.

“The irony is, with some of these alternatives that are coming out there, it may be the very business community that’s rushing to the barricades, saying, ‘Please, give us rates,’” Senator Mark Warner, Democrat of Virginia and a moderate on the Finance Committee, which is charged with drafting the tax plans.

https://www.nytimes.com/2021/10/22/us/politics/sinema-wealth-taxes.html
8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

BeckyDem

(8,361 posts)
2. At this point, all I care about is how to get around what she is thwarting.
Fri Oct 22, 2021, 05:50 PM
Oct 2021

I don't have the words to describe her. I can't, it's just far too much.

Irish_Dem

(47,400 posts)
4. Sounds like some smart minds are trying to get around her drama and obstruction.
Fri Oct 22, 2021, 05:53 PM
Oct 2021

Oh I have plenty of words which describe her to a tee, but it would not end well here if I typed them out.

PSPS

(13,614 posts)
3. "hope that Ms. Sinema's business allies will pressure her to relent"
Fri Oct 22, 2021, 05:53 PM
Oct 2021

Translation: "hope that Ms. Sinema’s owners will pressure her to relent"

Latest Discussions»Issue Forums»Editorials & Other Articles»Sinema's Tax-Rate Blockad...