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