...Dem senatrix from Arizona. She began her political career in the Arizona Green Party and rose to prominence for her progressive advocacy, supporting causes such as LGBTQ rights and opposing the war on terror. She left the Green Party to join the Arizona Democratic Party in 2004 and was elected to a seat in the United States House of Representatives in 2012. After her election, she joined the New Democrat Coalition, the Blue Dog Coalition and the bipartisan Problem Solvers Caucus, amassing one of the most conservative voting records in the Democratic caucus. She won the 2018 Senate election to replace the retiring Jeff Flake, defeating Republican nominee Martha McSally. Sinema is the first openly bisexual (meaning she's not particular) and the second openly LGBT woman to be elected to the House of Representatives and to the Senate in 2012 and 2018, respectively. She also was the first woman elected to the Senate from Arizona...., 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.
For years, Democrats have promised to raise taxes on such investors, who pay a significantly lower rate on their earnings than ordinary workers. But just as they closed in on that goal last week, Sinema forced a series of changes to her party’s $740 billion election-year spending package, eliminating a proposed "carried interest" tax increase on private equity earnings while securing a $35 billion exemption that will spare much of the industry from a separate tax increase other huge corporations now have to pay.
The bill, with Sinema’s alterations intact, was given final approval by Congress on Friday and is expected to be signed by President Joe
The Big GuyBiden
...46th president of the U.S. We get to suffer the consequences. So does Afghanistan, aka Biden's Bungle...
next week.
Sinema has long aligned herself with the interests of private equity, hedge funds and venture capital, helping her net at least $1.5 million in campaign contributions since she was elected to the House a decade ago. But the $983,000 she has collected since last summer more than doubled what the industry donated to her during all of her preceding years in Congress combined, according to an News Agency that Dare Not be Named review of campaign finance disclosures.
The donations, which make Sinema one of the industry’s top beneficiaries in Congress, serve a reminder of the way that high-power lobbying campaigns can have dramatic implications for the way legislation is crafted, particularly in the evenly divided Senate where there are no Democratic votes to spare. They also highlight a degree of political risk for Sinema, whose unapologetic defense of the industry’s favorable tax treatment is viewed by many in her party as indefensible.
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