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

  • GodlessCommieEnglish
    21·
    8 months ago

    The problem with your claim is that we are the only ones paying attention. Democrats had their heads buried in the sand and were busy at brunch while Biden was office and only focus on Trump committing the same crimes.

    • DarkFutureEnglish
      12·
      8 months ago

      Hey, the knuckle dragger who uses the term “BlueMAGA” unironically decided to respond with a low effort comment devoid of facts. Nice.

      Democrats had their heads buried in the sand and were busy at brunch while Biden was office

      • Vaccine rollout ending lockdowns

      • American Rescue Plan (HUGE investment in our economy/education/consumer protections)

      • Inflation Reduction Act

      • Bipartisan Infrastructure Law (biggest infrastructure investment in our lifetimes)

      • SNAP Act

      • Created jobs every month consecutively for entire term (only administration in history to do this)

      • Biden stood on a picket line with striking workers (first president in history to do so)

      • Social Security Fairness Act (first administration in 20 years to expand SS benefits)

      • Increased federal contractor minimum wage.

      • Forgave student loans for millions of people.

      • Tried to remove medical debt from appearing on credit reports before being blocked.

      This is just a FRACTION of what Biden and Dems did. And infinitely more than what you were aware of.

      Look, kiddo. You aren’t informed. That’s what leads you to say things like “BlueMAGA” without realizing how stupid it makes you look. That’s what leads you to try to compare Biden and Trump when it comes to lawlessness, which is only something a pretty dumb person with absolutely no knowledge about either individual would do.

      Get yourself back in school. You need it.