Kyrsten Sinema Goes to War With the Democrats to Keep Taxes Low for the Wealthy
Jonathan Weisman and Coral Davenport The New York TimesSen. 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.