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.
Sen. Kyrsten Sinema Questions Tax Provisions of Democrats’ Reconciliation Bill
HeadlineAug 04, 2022