Democrats Revise Climate Package to Strike Deal With Sen. Kyrsten Sinema
Fri, Aug 5
In total, it now shields $14 billion in taxes that would’ve been collected from managers at firms like Blackstone and KKR Almost everyone agrees it’s an egregious tax loophole to benefit America’s richest. Imagine having leverage and using it on that https://t.co/yw4eB9K9tM
Under the changes negotiated with the Arizona centrist, Democrats would pare back elements of a minimum tax on corporations and drop a proposed tax increase on carried-interest income. A tax on stock...