XPost: alt.society.liberalism, sac.politics, alt.politics.republicans   
   XPost: alt.fan.rush-limbaugh, talk.politics.guns, soc.women   
   From: democrat-criminals@mail.house.gov   
      
   Dear Kyrsten,   
      
   This is a lifetime opportunity.  Remember when the Democrat party attacked   
   you in public, private and even restrooms?  This is the moment of truth.   
   Nuke the bill as payback.  It's a desperate turd anyway.   
      
   https://thehill.com/homenews/senate/3579387-democrats-waiting-anxiously-   
   for-sinemas-verdict-on-tax-and-climate-deal/   
      
   Senate Democrats are walking on eggshells around Sen. Kyrsten Sinema (D-   
   Ariz.), crossing their fingers that she will agree to support a sweeping   
   tax reform and climate bill that Senate Majority Leader Charles Schumer   
   (D-N.Y.) and Sen. Joe Manchin (D-W.Va.) announced Wednesday.   
      
   Sinema was left out of the last-stage negotiations between Manchin and   
   Schumer, though she played a large role in crafting the prescription drug   
   reform bill that will be included in a budget reconciliation package along   
   with the tax and climate provisions.   
      
   The Arizona senator, who played a central role in crafting the bipartisan   
   infrastructure bill that became law last year as well as the recently   
   passed gun safety legislation, declined to answer questions as she left   
   the Capitol Thursday.   
      
   Sinema has already expressed her support for setting a 15 percent   
   corporate minimum tax for companies that earn more than $1 billion in   
   profits, a centerpiece of the deal that would raise $313 billion.   
      
   But the bigger question is whether she’ll agree to close the carried   
   interest tax loophole that allows asset managers to pay only a 20 percent   
   capital gains tax rate on income earned from managing profitable   
   investments. Closing it would raise an estimated $14 billion over 10   
   years.   
      
   Sinema last year opposed doing away with the carried interest tax   
   loophole, and critics were quick to point out how much money in campaign   
   contributions she accepts from people in the private equity industry.   
      
   Carried interest language was taken out of a House-passed tax and climate   
   bill last year to avoid provoking a “no” vote from Sinema.   
      
   The mystery over how Sinema will vote deepened Thursday when she didn’t   
   attend a special Senate Democratic Caucus meeting where Schumer explained   
   the deal.   
      
   A Democratic senator who attended the session noted that it isn’t unusual   
   for Sinema to miss caucus meetings.   
      
   A spokeswoman for Sinema said she’s reviewing the text and will need to   
   see what comes out of the parliamentarian process.   
      
   Sinema remained silent as reporters peppered her with questions while she   
   walked to her car on the East Front of the Capitol. The last shouted   
   question she heard before she closed the door of her vehicle was: “Are you   
   going to sink the bill?”   
      
   Sinema has already left her mark on the bill by saying early during last   
   year’s negotiations that she would not support raising marginal tax rates   
   for individuals or raising the corporate tax rate above its current level   
   of 21 percent.   
      
   In an effort to appease Sinema, the White House instead proposed a 5   
   percent adjusted gross income surcharge tax on income more than $10   
   million, affecting only the 0.02 percent wealthiest Americans.   
      
   Sinema last year praised a 15 percent corporate minimum tax as “a   
   commonsense step” to ensure highly profitable corporations “pay a   
   reasonable minimum corporate tax on their profits, just as everyday   
   Arizonans and Arizona small businesses do.”   
      
   Schumer appears confident he will have Sinema’s vote for the tax and   
   climate bill, which would raise an estimated $124 billion in new revenue   
   from beefing up IRS enforcement of tax compliance and IRS taxpayer   
   services and operations.   
      
   “This Senate Democratic majority will ensure we close tax loopholes and   
   make the wealthiest corporations and individuals pay their fair share,” he   
   announced on the Senate floor Thursday afternoon. “Many in Washington have   
   promised to address these challenges but where previous efforts have   
   fallen short, Senate Democrats and this majority will move swiftly to   
   deliver to the American people.”   
      
   When asked about Sinema, Schumer only told reporters that she’s reviewing   
   the bill.   
      
   Closing the carried interest loophole has been a priority for some   
   Democrats for more than a decade, but the issue has divided the party.   
      
   In 2010, then-Senate Finance Committee Chairman Max Baucus (D-Mont.) and   
   then-House Ways and Means Committee Chairman Sander Levin (D-Mich.) tried   
   to close the carried interest loophole to pay for a package of   
   unemployment benefits and tax extenders but ran into opposition from then-   
   Sen. John Kerry (D-Mass.) and Sen. Maria Cantwell (D-Wash.).   
      
   Since then, sentiment in the Democratic caucus has shifted overwhelmingly   
   in favor of closing the loophole.   
      
   “Frankly, a lot of Wall Street has come around to the view that if there   
   were any justification” for taxing the income of asset managers at the   
   capital gains rate, “it’s long gone,” said Sen. Richard Blumenthal (D-   
   Conn.), whose state is home to many asset managers and investment gurus.   
      
   Private equity groups and hedge funds are already mobilizing to strike the   
   provision from the budget package, warning Thursday that it would wind up   
   hurting small businesses as well as endowments and pensions funds,   
   according to a Reuters report.   
      
   Manchin, however, says he is “adamant” about keeping the carried-interest   
   provision in the bill.   
      
   “I’m not prepared to lose” it, he said. “What we have is a good bill   
   that’s fair with everybody. It’s a give-and-take proposition.   
      
   “I think the people that have benefited from carried interest for years   
   and years and years knew that they had a good run, it was long overdue to   
   get rid of it and you can’t justify it anymore.”   
      
   Senate Democrats, meanwhile, who were surprised last year by Sinema’s   
   unexpected opposition to raising marginal income tax and corporate tax   
   rates are being careful not to venture any predictions about where she’ll   
   land on the issue.   
      
   “I don’t speak for Sen. Sinema, but obviously she’s reviewing the bill and   
   will have something to say about it soon,” Sen. Chris Murphy (D-Conn.)   
   said. “I’m always hopeful.”   
      
   TAGS: CHARLES SCHUMER JOE MANCHIN KYRSTEN SINEMA SCHUMER-MANCHIN DEAL TAX   
   AND CLIMATE BILL   
      
      
   --   
   "LOCKDOWN", left-wing COVID fearmongering.  95% of COVID infections   
   recover with no after effects.   
      
   No collusion - Special Counsel Robert Swan Mueller III, March 2019.   
   Officially made Nancy Pelosi a two-time impeachment loser.   
      
   Donald J. Trump, cheated out of a second term by fraudulent "mail-in"   
   ballots.  Report voter fraud: sf.nancy@mail.house.gov   
      
   Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden   
   fiasco, President Trump.   
      
   Under Barack Obama's leadership, the United States of America became the   
   The World According To Garp.  Obama sold out heterosexuals for Hollywood   
   queer liberal democrat donors.   
      
      
   [continued in next message]   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)