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August 4, 2022

Sen. Kyrsten Sinema Questions Tax Provisions of Democrats' Reconciliation Bill
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On Capitol Hill, Arizona Democratic Senator Kyrsten Sinema has signaled
she wants changes to a budget reconciliation bill containing many of
President Biden's legislative priorities on energy, taxes and
healthcare. In a private call with Arizona's Chamber of Commerce on
Tuesday, Sinema questioned part of the Inflation Reduction Act that
would impose a 15% minimum tax on corporations. Sinema also questioned a
provision to close the "carried interest loophole," which taxes private
equity and hedge fund managers at lower rates than most U.S. workers.


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