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Sinema Signs Off On Reconciliation Bill After Dems Agree To Protect Private Equity Billionaires |
2022-08-05 |
[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 |
#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 |
#11 I take it she's not up for reelection this year. |
Posted by: Abu Uluque 2022-08-05 12:16 |
#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 |
#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 |
#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 |
#7 And thus the United States slid deeper into a depression. |
Posted by: DarthVader 2022-08-05 08:32 |
#6 #2 it was. That was changed under Clinton administration. |
Posted by: Procopius2k 2022-08-05 08:19 |
#5 I wonder if the Feinstein and Pelosi families are breathing a sigh of relief. |
Posted by: DooDahMan 2022-08-05 07:04 |
#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 |
#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 |
#2 Making Social Security nontaxable wouldn't be a bad idea....just sayin'. |
Posted by: DooDahMan 2022-08-05 07:00 |
#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 |