Manchin wants Sinema to take a fresh look at tax rate hikes on corporations and the rich, but she's
Source: Business Insider
Manchin wants Sinema to take a fresh look at tax rate hikes on corporations and the rich, but she's not budging
Sen. Joe Manchin is starting to turn up the heat on another Democratic holdout with competing demands on President Joe Biden's spending bill.
The conservative West Virginia Democrat has ramped up calls this month to step up taxes on the richest Americans and large firms. But he's likely to encounter resistance from Sen. Kyrsten Sinema of Arizona, who shut the door on hiking tax rates on both of those groups last fall.
"I respect her and what her concerns may be, but I think basically our financial situation is getting worse, not better, so maybe we can take another look at it," Manchin told The Wall Street Journal. "I would hope so."
"Why can't we just get a good solid tax plan that works? That's the first thing to do." he told the Journal.
Read more: https://www.businessinsider.com/manchin-sinema-to-budge-tax-rate-hikes-corporations-rich-2022-2
LastLiberal in PalmSprings
(13,286 posts)DownriverDem
(6,985 posts)No wonder Arizona hates that she is their senator.
Fiendish Thingy
(22,453 posts)Stop with the negotiations. Let Manchin craft a bill that the rest of the Dems support, then force Sinema to be the sole Dem No vote.
She doesnt have the guts.
PoliticAverse
(26,366 posts)attention?
Fiendish Thingy
(22,453 posts)Her primary opponent can make the vote a focal point of their campaign.
brush
(61,033 posts)Claustrum
(5,056 posts)She lost way too many democratic votes to ever get elected again, even before she go on the record for this bill.
PoliticAverse
(26,366 posts)KPN
(17,201 posts)but where were those principles last fall during the push for BBB?
brush
(61,033 posts)call him, he'll change his tune about raising taxes on the rich. He likes to tease and seem reasonable before he moves the goal posts once again.
LenaBaby61
(6,991 posts)CentralMass
(16,903 posts)KPN
(17,201 posts)ps -- Always nice to see another one-time MA native here on DU.
Polybius
(21,625 posts)He's a conservative Democrat, but is with us on most things. Just my guess though.
Walleye
(44,039 posts)Harker
(17,552 posts)Given that she's teaching college students the art of fundraising, I think I know what motivates her.
Walleye
(44,039 posts)as is the growing disdain for sharing it, and for using it for our collective well being.
Walleye
(44,039 posts)don't trust or believe old joe. Trying to seem like he actually cares is my take.
bucolic_frolic
(54,481 posts)GB_RN
(3,531 posts)Recently? Shes gotten a shitload of money from energy sector and other GOPQ donors in the last couple of quarters, most of it from Texas. IIRC, hes had a couple of fundraisers with Senator John Cornhole (R-Scumbag) from Texas, as well.
The flip side of that coin is, her small donor money has dried up. There are only so many rich people who can donate the max, but you can keep hitting up small donors as there are lots more of them. So her fundraising is going to hit a ceiling.
TheBlackAdder
(29,981 posts).
I've seen this waltz before.
.
PoliticAverse
(26,366 posts)dchill
(42,660 posts)Emile
(41,368 posts)are making us out to be as stupid as the Republican voters.
CentralMass
(16,903 posts)bluestarone
(21,632 posts)Won't need Sinema. I don't like it BUT we DO need to get something done before election. (time to ACCEPT this i guess)
Walleye
(44,039 posts)Republicans hate taxes. Because taxes support the United States. And they hate the United States
LenaBaby61
(6,991 posts)LenaBaby61
(6,991 posts)cstanleytech
(28,304 posts)US that earn more than +250% above the federal poverty level the lower their rate and the effective tax rate for some can and should fall to 0% but only under certain conditions.
For example a company that has 20,000 employees (temp, contract workers and people employed by a franchise count as employees) worldwide with 90% of them located and working inside the US can go to zero if 95% of all of those employees earn more than 250% over the federal poverty level.
A company that has 20,000 worldwide with only say 200 inside the US would see substantially less.
BlueIdaho
(13,582 posts)We should tax the hell out of them and support small business, regional distributors and the family farm.
ificandream
(11,758 posts)dchill
(42,660 posts)You're all alone, buddy.
