Senator Kyrsten Sinema making excuses to avoid taxing the rich. Ana Kasparian and Cenk Uygur discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET.
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“Sen. Kyrsten Sinema of Arizona has reportedly told her Democratic colleagues that she will not support any tax hikes on corporations or wealthy individuals, a stance that could derail the party’s plan to fund its sprawling safety net and climate package.
According to the New York Times, Sinema’s “resistance to tax rate increases” that Democrats have proposed to finance their reconciliation bill “has set off a scramble for alternatives, including a carbon tax, international corporate tax changes, and closing loopholes for businesses that pay through the individual income tax system.”
Democrats can’t afford a single defection in the Senate, a dynamic that gives Sinema and other right-wing lawmakers significant leverage over the reconciliation bill, which is a centerpiece of President Joe Biden’s domestic policy agenda. On top of opposing tax hikes, Sinema has also said she won’t support a package that includes $3.5 trillion in spending over the next decade, a price tag that progressive lawmakers have characterized as a bare minimum.”*
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210927__TA02_Sinema_Manchin_Against_Taxing_Rich
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