Kyrsten Sinema Goes to War With the Democrats to Keep Taxes Low for the Wealthy

Jonathan Weisman and Coral Davenport / The New York Times
Kyrsten Sinema Goes to War With the Democrats to Keep Taxes Low for the Wealthy Sen. Kyrsten Sinema (D-Ariz.) delivered a tough ultimatum to President Joe Biden at a private meeting Wednesday on infrastructure. (photo: Manuel Balce Ceneta/AP)

Opposition from a single moderate Democrat to corporate and income tax rate increases has revived efforts in the Senate to draft a tax on carbon dioxide pollution as a way to pay for the Democrats’ proposed $3.5 trillion budget bill.

Sen. Kyrsten Sinema, D-Ariz., has not advocated a carbon tax, which President Joe Biden and other key Democrats have shied away from as a huge political risk. But her resistance to tax rate increases to pay for the Democrats’ ambitious social policy and climate legislation has set off a scramble for alternatives — at the very least to show her how difficult it would be assemble a package without those rate hikes.

Sen. Ron Wyden, D-Ore., chair of the Senate Finance Committee, confirmed that the Senate majority leader had asked him to craft legislation that would put a price on carbon emissions but to ensure that the policy would respect Biden’s pledge not to raise taxes on families earning less than $400,000.

READ MORE

EXPLORE THE DISQUS SETTINGS: Up at the top right of the comments section your name appears in red with a black down arrow that opens to a menu. Explore the options especially under Your Profile and Edit Settings. On the Edit Settings page note the selections on the left side that allow you to control email and other notifications. Under Profile you can select a picture or other graphic for your account, whatever you like. COMMENT MODERATION: RSN is not blocking your comments, but Disqus might be. If you have problems use our CONTACT PAGE and let us know. You can also Flag comments that are seriously problematic.
Close

rsn / send to friend

form code