Sinema received nearly $1 million from Wall Street while killing tax hike on investors
www.pbs.org
Sen. Kyrsten Sinema, the Arizona Democrat who single-handedly thwarted her party’s longtime goal of raising taxes on wealthy investors, received nearly $1 million over the past year from private equity professionals, hedge fund managers and venture capitalists whose taxes would have increased under the plan.

At first sight, the decision to insist on keeping a provision that benefits some of America’s wealthiest people seems a far cry from the concerns of voters in Sinema’s southwestern home state of Arizona.

However an FT analysis shows that the senator is a beneficiary of significant contributions from the private equity industry — whose lobbying machine and political influence have grown increasingly powerful over the past two decades.

Source: The Financial Times

Other sources:

https://theintercept.com/2021/09/26/kyrsten-sinema-private-equity-tax-loophole/

https://www.cnbc.com/2023/02/02/kyrsten-sinema-gets-wall-street-real-estate-support-ahead-of-2024-election.html

  • candyman337
    96·
    10 months ago

    Sincerely fuck Krysten Sinema, she campaigned on all of this progressive shit, took the money from donors and then tanked some of the biggest votes during bidens presidency. Like the infamous no vote for raising the minimum wage.

    • a_non_monotonic_function
      81·
      10 months ago

      God do you remember that awful " boss woman move " where she did this stupid curtsy and a thumbs down?

      Absolute f****** worst and loved every minute of it.

    • GodlessCommieEnglish
      51·
      10 months ago

      She was one of their rotating villains to prevent progress. She was complicit with the party against anything getting passed. ‘we tried’

    • Scotty_TreesEnglish
      3·
      10 months ago

      The thumbs down with the little curtsy to vote know for a better minimum wage will forever be burned into my psyche