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2022-08-05 Home Front: Politix

Sinema Signs Off On Reconciliation Bill After Dems Agree To Protect Private Equity Billionaires

[ZERO] Arizona Senator Kyrsten Sinema - the lone Democrat holdout on the Biden administration's revamped reconciliation bill - has finally signed off on it, after Democrats agreed to preserve the so-called carried interest loophole that allows investment managers (like her former bosses) to shield the majority of their income from higher taxes.

Posted by Besoeker 2022-08-05 02:25|| || Front Page|| [11127 views ] Top

#1 Fine. Now fight for the interest component of the little guy's investments (primarily 401Ks) to be nontaxable too.

Posted by M. Murcek 2022-08-05 06:55|| 2022-08-05 06:55|| Front Page Top

#2 Making Social Security nontaxable wouldn't be a bad idea....just sayin'.

Posted by DooDahMan 2022-08-05 07:00|| 2022-08-05 07:00|| Front Page Top

#3 I wonder how much the Sinema-Manchin total package, cash, options, future appointments, etc. came to ?

Posted by Besoeker 2022-08-05 07:00|| 2022-08-05 07:00|| Front Page Top

#4 GOPe can always undo it when they are in charge. I won't hold my breath.

Posted by M. Murcek 2022-08-05 07:03|| 2022-08-05 07:03|| Front Page Top

#5 I wonder if the Feinstein and Pelosi families are breathing a sigh of relief.

Posted by DooDahMan 2022-08-05 07:04|| 2022-08-05 07:04|| Front Page Top

#6 #2 it was. That was changed under Clinton administration.

Posted by Procopius2k 2022-08-05 08:19|| 2022-08-05 08:19|| Front Page Top

#7 And thus the United States slid deeper into a depression.

Posted by DarthVader 2022-08-05 08:32|| 2022-08-05 08:32|| Front Page Top

#8 Ref #2: Everything must be 'Needs Based.' Matters little the effort and work you had to endure or payments you made for sixty+ years without touching a dime.

You din't build that...trust fund.

Posted by Besoeker 2022-08-05 08:37|| 2022-08-05 08:37|| Front Page Top

#9 Tax non-citizens at 99%. Those that don't pay, deport. Then raid "remittances" for the unpaid tax.

One size fits all.

Posted by M. Murcek 2022-08-05 08:43|| 2022-08-05 08:43|| Front Page Top

#10 #2 it was. That was changed under Clinton administration.

Um, actually not in many cases. See here.

Posted by Mullah Richard 2022-08-05 09:22|| 2022-08-05 09:22|| Front Page Top

#11 I take it she's not up for reelection this year.

Posted by Abu Uluque 2022-08-05 12:16|| 2022-08-05 12:16|| Front Page Top

#12 Inflation Reduction Act.
Democratic Peoples' Republic of ___

Funny. Its a great name, because just the other week people who said prices are up because of inflation were Russian Agents. Now its a $Trillion dollar sales pitch.

Posted by swksvolFF 2022-08-05 12:45|| 2022-08-05 12:45|| Front Page Top

08:52 Matt
08:38 Gleng Whaick2262
08:35 Gleng Whaick2262
08:35 Gleng Whaick2262
08:33 Gleng Whaick2262
08:32 Gleng Whaick2262
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08:24 Matt
08:20 SteveS
07:43 Procopius2k
07:42 BrerRabbit
07:42 Procopius2k
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07:36 Procopius2k
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07:34 trailing wife
07:31 Procopius2k
07:30 NN2N1
07:22 NN2N1
07:18 trailing wife
07:14 Richard Aubrey
07:10 NN2N1
07:09 Besoeker