How a New Corporate Minimum Tax Could Reshape Business Investments

With a new corporate minimum tax, Democrats would be adding complexity to an already byzantine tax system.

#biden-joseph-r-jr, #chamber-of-commerce-and-industry, #corporate-taxes, #factories-and-manufacturing, #sinema-kyrsten, #taxation, #united-states-chamber-of-commerce, #united-states-economy, #united-states-politics-and-government, #yellen-janet-l

Progressives Embrace Climate and Tax Deal, Despite Disappointments

Liberal Democrats who once demanded a far more ambitious plan appear ready to support a climate, health and tax package that could be their party’s last chance to enact some of its agenda.

#biden-joseph-r-jr, #democratic-party, #global-warming, #inflation-reduction-act-of-2022, #law-and-legislation, #manchin-joe-iii, #sanders-bernard, #sinema-kyrsten, #united-states-politics-and-government

A Clean Energy Future is in the Hands of Congress

The Inflation Reduction Act may be the single-most important piece of climate legislation in American history.

#alternative-and-renewable-energy, #breakthrough-energy-coalition, #democratic-party, #fuel-efficiency, #global-warming, #greenhouse-gas-emissions, #heat-and-heat-waves, #inflation-reduction-act-of-2022, #innovation, #law-and-legislation, #manchin-joe-iii, #power-failures-and-blackouts, #schumer-charles-e, #senate, #sinema-kyrsten, #united-states, #united-states-economy

Pitching G.O.P. on Gay Marriage Bill, Tammy Baldwin Leaves Nothing to Chance

The second-term Democrat was the first openly gay woman elected to Congress. Now she is leading the effort to rally Republican support for legislation that would protect marriage equality nationwide.

#baldwin-tammy-suzanne-green, #collins-susan-m, #homosexuality-and-bisexuality, #johnson-ron-1955, #law-and-legislation, #murkowski-lisa, #portman-rob, #same-sex-marriage-civil-unions-and-domestic-partnerships, #schumer-charles-e, #senate, #sinema-kyrsten, #supreme-court-us, #tillis-thomas-r, #united-states-politics-and-government, #wisconsin

The Carried Interest Loophole Survives Another Political Battle

The latest effort to narrow the preferential tax treatment used by private equity executives failed after Senator Kyrsten Sinema objected.

#american-investment-council, #capital-gains-tax, #executive-compensation, #hedge-funds, #income-tax, #inflation-reduction-act-of-2022, #law-and-legislation, #manchin-joe-iii, #private-equity, #schumer-charles-e, #sinema-kyrsten, #tax-credits-deductions-and-exemptions, #taxation, #united-states, #united-states-politics-and-government

Carried Interest Is Back in the Headlines. Why It’s Not Going Away.

Changes demanded by Senator Kyrsten Sinema will preserve a tax loophole that Democrats have complained about for years.

#american-investment-council, #capital-gains-tax, #democratic-party, #executive-compensation, #hedge-funds, #high-net-worth-individuals, #income-tax, #inflation-reduction-act-of-2022, #law-and-legislation, #manchin-joe-iii, #private-equity, #schumer-charles-e, #sinema-kyrsten, #stocks-and-bonds, #tax-credits-deductions-and-exemptions, #taxation, #united-states, #united-states-economy, #united-states-politics-and-government, #venture-capital

Sinema Agrees to Climate and Tax Deal, Clearing the Way for Votes

The Arizona Democrat had been her party’s last remaining holdout on the package, now slated to move forward on Saturday and pass the Senate within days.

#corporate-taxes, #democratic-party, #federal-taxes-us, #income-tax, #inflation-reduction-act-of-2022, #law-and-legislation, #schumer-charles-e, #senate, #sinema-kyrsten, #united-states-politics-and-government

Private Equity Doesn’t Want You to Read This

Government must do more to clip its wings.

#carried-interest-loophole, #finances, #hedge-funds, #income-inequality, #private-equity, #sinema-kyrsten, #taxation

With Climate Deal in Sight, Democrats Turn Hopes on Sinema

Now that Senator Joe Manchin III of West Virginia is on board, the Arizona Democrat has emerged as the final holdout on Democrats’ domestic agenda. So far, she’s staying characteristically silent.

#global-warming, #inflation-reduction-act-of-2022, #law-and-legislation, #manchin-joe-iii, #schumer-charles-e, #sinema-kyrsten, #united-states-politics-and-government

Democrats’ Climate Deal Isn’t Done Yet. Here Are the Remaining Hurdles.

An agreement with Senator Joe Manchin III of West Virginia salvaged a key piece of President Biden’s agenda. But Democrats still have a few crucial steps to take before it becomes law.

#byrd-robert-c, #federal-budget-us, #inflation-reduction-act-of-2022, #law-and-legislation, #macdonough-elizabeth, #manchin-joe-iii, #schumer-charles-e, #senate, #sinema-kyrsten, #united-states-politics-and-government

After Clash, Manchin and Schumer Rushed to Reset Climate and Tax Deal

The West Virginia Democrat said he had relented and agreed to sign on to a climate, energy and tax package after returning to negotiations to draft a version that would combat inflation.

#democratic-party, #inflation-economics, #law-and-legislation, #manchin-joe-iii, #schumer-charles-e, #senate, #sinema-kyrsten, #united-states-politics-and-government

Democrats Can Win This Fall if They Make One Key Promise

To make the 2022 elections a referendum on Roe, Democrats have to put protecting Roe and abortion rights on the table.

#abortion, #democratic-party, #filibusters-and-debate-curbs, #house-of-representatives, #law-and-legislation, #manchin-joe-iii, #midterm-elections-2022, #polls-and-public-opinion, #roe-v-wade-supreme-court-decision, #senate, #sinema-kyrsten, #united-states-politics-and-government

‘Manchinema’

Congress is back. Does President Biden’s agenda still have a chance?

#internal-storyline-no, #law-and-legislation, #manchin-joe-iii, #sinema-kyrsten, #united-states-politics-and-government

Big Business Will Not Save Us From Itself

There is no way to bypass the arduous, contentious work of building a politics that can sustain a better democracy. 

#blackrock-inc, #business-roundtable, #corporate-social-responsibility, #fink-laurence-d, #global-warming, #great-depression-1930s, #income-inequality, #labor-and-jobs, #manchin-joe-iii, #organized-labor, #senate, #sinema-kyrsten, #strikes, #united-states, #united-states-chamber-of-commerce, #united-states-economy, #wages-and-salaries

Arizona Democrats Censure Sinema After Filibuster Vote

Kyrsten Sinema, a first-term Arizona senator, was rebuked by fellow Democrats in her state after her vote on the filibuster helped sink the party’s voting-rights legislation.

#arizona, #democratic-party, #elections-senate, #filibusters-and-debate-curbs, #gallego-ruben-1979, #sinema-kyrsten, #united-states-politics-and-government

Democrats Blame Sinema, Manchin for Voting Rights Impasse

Prominent Democrats are expressing rage at their party’s two filibuster holdouts, rather than at Republicans who are blocking their voting rights bill.

#democratic-party, #filibusters-and-debate-curbs, #law-and-legislation, #manchin-joe-iii, #senate, #sinema-kyrsten, #united-states-politics-and-government, #voting-rights-registration-and-requirements

Emily’s List Presses Kyrsten Sinema Over Filibuster Stance

The powerful political action committee said the Arizona senator could find herself “standing alone” in 2024 if she refuses to change Senate rules to force through voting rights legislation.

#elections-senate, #emilys-list, #filibusters-and-debate-curbs, #law-and-legislation, #sinema-kyrsten, #united-states-politics-and-government, #voting-rights-registration-and-requirements

What Is Joe Biden Thinking?

The strange strategy of a staggering presidency.

#biden-joseph-r-jr, #democratic-party, #law-and-legislation, #manchin-joe-iii, #polls-and-public-opinion, #republican-party, #roosevelt-franklin-delano, #senate, #sinema-kyrsten, #trump-donald-j, #united-states-politics-and-government, #warren-elizabeth

More Mojo, Joe!

Less Senate bean soup, more affordable meat.

#biden-joseph-r-jr, #caucus-room, #democratic-party, #mcconnell-mitch, #republican-party, #senate, #sinema-kyrsten, #united-states-politics-and-government, #voting-rights-registration-and-requirements

Blocking a Mandate, the Supreme Court ‘Sided With Covid-19’

Readers criticize the court’s decision to reverse a vaccine mandate for large businesses. Also: Intransigent senators; Senate rules; “Don’t Look Up”; smoking.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #dont-look-up-movie, #manchin-joe-iii, #occupational-safety-and-health-administration, #senate, #sinema-kyrsten, #smoking-and-tobacco, #supreme-court-us, #vaccination-and-immunization

Sinema Says She Will Not Support Changing Filibuster

Senator Kyrsten Sinema’s comments came after the House approved a set of voting rights measures on a party-line vote of 220 to 203.

#biden-joseph-r-jr, #filibusters-and-debate-curbs, #house-of-representatives, #king-martin-luther-jr, #law-and-legislation, #lewis-john-r, #manchin-joe-iii, #presidential-election-of-2020, #schumer-charles-e, #senate, #sinema-kyrsten, #trump-donald-j, #united-states-politics-and-government, #voting-rights-act-1965, #voting-rights-registration-and-requirements

House Passes Voting Rights Bill, Speeding a Senate Showdown

Democrats used an arcane maneuver to pass the legislation, denying Republicans in the Senate the ability to block it from being brought up, as they have done four times previously.

#biden-joseph-r-jr, #filibusters-and-debate-curbs, #house-of-representatives, #king-martin-luther-jr, #law-and-legislation, #lewis-john-r, #manchin-joe-iii, #presidential-election-of-2020, #schumer-charles-e, #senate, #sinema-kyrsten, #trump-donald-j, #united-states-politics-and-government, #voting-rights-act-1965, #voting-rights-registration-and-requirements

Are Democrats Bad at Politics?

The party has always struggled to figure out how to represent a diverse group of voters with different interests and goals.

#biden-joseph-r-jr, #manchin-joe-iii, #sinema-kyrsten, #united-states-politics-and-government

Schumer Will Try to Change Senate Rules if G.O.P. Stalls Voting Bill

The Senate majority leader still lacks the votes to alter the filibuster, but he said he will renew the effort to enact voting rights measures as early as the first week of January.

#democratic-party, #filibusters-and-debate-curbs, #manchin-joe-iii, #republican-party, #schumer-charles-e, #senate, #sinema-kyrsten, #united-states-politics-and-government, #voting-rights-registration-and-requirements

Why Joe Biden Needs More Than Accomplishments to Be a Success

A theory of political time explains how he has become a prisoner of great expectations.

#adams-john-1735-1826, #carter-jimmy, #conservatism-us-politics, #democratic-party, #federal-state-relations-us, #filibusters-and-debate-curbs, #income-inequality, #jackson-andrew, #manchin-joe-iii, #new-deal-1930s, #organized-labor, #presidential-election-of-2016, #presidents-and-presidency-us, #reagan-ronald-wilson, #republican-party, #senate, #sinema-kyrsten, #skowronek-stephen, #supreme-court-us, #trump-donald-j, #united-states, #united-states-politics-and-government, #voting-rights-registration-and-requirements

Manchin and Sinema Find Financial Support From G.O.P. Donors

The two Democratic senators are attracting campaign contributions from business interests and conservatives as progressives fume over their efforts to pare back the president’s domestic policy bill.

#american-families-plan-2021, #campaign-finance, #democratic-party, #manchin-joe-iii, #republican-party, #sinema-kyrsten, #united-states-politics-and-government

How Nancy Pelosi Got Biden’s Build Back Better Bill Back on Track

The House’s approval of a sweeping social policy bill after weeks of fits and starts notched another win for the speaker in a career defined by them.

#american-families-plan-2021, #biden-joseph-r-jr, #content-type-personal-profile, #democratic-party, #house-of-representatives, #infrastructure-investment-and-jobs-act-2021, #law-and-legislation, #manchin-joe-iii, #pelosi-nancy, #schumer-charles-e, #senate, #sinema-kyrsten, #united-states-politics-and-government

3 Women in the Senate Object to ‘Sexist’ Focus on Sinema’s Style

The senators criticize The Times’s coverage of their colleague’s style and fashion choices.

#fashion-and-apparel, #senate, #sinema-kyrsten

Threats of Violence in Today’s Political Discourse

Readers discuss the rise in death threats and calls for bloodshed. Also: Senator Sinema; gerrymandered districts; immigration; Somalia. 

#biden-joseph-r-jr, #democratic-party, #demonstrations-protests-and-riots, #gosar-paul-1958, #homosexuality-and-bisexuality, #immigration-and-emigration, #redistricting-and-reapportionment, #republican-party, #shabab, #sinema-kyrsten, #somalia, #somaliland, #united-states-politics-and-government, #waters-maxine

The Politics of a Sleeveless Silhouette

Michelle Obama, Kyrsten Sinema and the right to bare arms.

#customs-etiquette-and-manners, #fashion-and-apparel, #homosexuality-and-bisexuality, #internal-sub-only-nl, #politics-and-government, #race-and-ethnicity, #senate, #sinema-kyrsten

Democrats Deny Political Reality at Their Own Peril

What’s badly needed is a return to the moderate policies that fueled the blue-wave victories in 2018 and won Joe Biden the presidency in 2020.

#adams-eric-l, #elections-governors, #elections-mayors, #politics-and-government, #sinema-kyrsten, #united-states-politics-and-government, #wu-michelle-1985, #youngkin-glenn-a

Democrats Reach Deal to Control Drug Prices in Bill

The provision would, for the first time, allow the government to negotiate prices for some medicines covered by Medicare.

#biden-joseph-r-jr, #democratic-party, #drugs-pharmaceuticals, #elderly, #federal-budget-us, #health-insurance-and-managed-care, #house-of-representatives, #inventions-and-patents, #medicare, #pelosi-nancy, #prices-fares-fees-and-rates, #schumer-charles-e, #senate, #sinema-kyrsten, #united-states-politics-and-government, #warren-elizabeth

Democrats Reach Deal to Control Drug Prices in Social Policy Bill

The provision would, for the first time, allow the government to negotiate prices for some medicines covered by Medicare.

#biden-joseph-r-jr, #democratic-party, #drugs-pharmaceuticals, #elderly, #federal-budget-us, #health-insurance-and-managed-care, #house-of-representatives, #inventions-and-patents, #medicare, #pelosi-nancy, #prices-fares-fees-and-rates, #schumer-charles-e, #senate, #sinema-kyrsten, #united-states-politics-and-government, #warren-elizabeth

Let’s Discuss What Sinema Is Wearing

For public figures, presentation is politics.

#dresses, #fashion-and-apparel, #internal-sub-only-nl, #manchin-joe-iii, #politics-and-government, #sinema-kyrsten, #sociology, #womens-rights

Racing the Clock, Democrats Grasp for a Deal on Biden’s Agenda

Democrats struggled to bridge crucial differences over what to include in and how to pay for their social policy and climate plan.

#american-families-plan-2021, #biden-joseph-r-jr, #infrastructure-public-works, #jayapal-pramila, #law-and-legislation, #manchin-joe-iii, #murray-patty, #neal-richard-e, #paid-time-off, #pelosi-nancy, #sanders-bernard, #sinema-kyrsten, #united-states-politics-and-government

The Story of Senator Kyrsten Sinema

Many Democrats accuse the Arizona senator of blocking key aspects of President Biden’s agenda. She has remained quiet.

#biden-joseph-r-jr, #democratic-party, #senate, #sinema-kyrsten, #united-states-politics-and-government

How Democrats Would Tax Billionaires to Pay for Their Agenda

The plan stakes out new territory by putting levies on unrealized gains in the value of billionaires’ liquid assets, such as stocks, bonds and cash.

#capital-gains-tax, #democratic-party, #federal-taxes-us, #high-net-worth-individuals, #house-of-representatives, #income-inequality, #income-tax, #law-and-legislation, #senate, #sinema-kyrsten, #united-states-politics-and-government

Democrats Hammer Out Novel Plan to Tax Billionaires and Corporate Giants

New proposals would fund social and climate programs by tapping billionaires’ unrealized gains and by ensuring that the biggest companies cannot avoid income taxes altogether.

#biden-joseph-r-jr, #corporate-taxes, #democratic-party, #federal-taxes-us, #high-net-worth-individuals, #house-of-representatives, #income-tax, #law-and-legislation, #manchin-joe-iii, #senate, #sinema-kyrsten, #tax-shelters, #united-states-politics-and-government

How to Fix the Democrats’ Build Back Better Plan

The party has to do a few things well, rather than a bunch of things poorly.

#american-families-plan-2021, #biden-joseph-r-jr, #democratic-party, #house-of-representatives, #manchin-joe-iii, #paid-time-off, #senate, #sinema-kyrsten, #united-states-economy, #united-states-politics-and-government

Biden Meets With Manchin and Schumer to Iron Out Spending Bill

Speaker Nancy Pelosi said she hoped to pass an infrastructure bill and have a deal in hand on the social policy bill by the end of the week.

#american-families-plan-2021, #biden-joseph-r-jr, #democratic-party, #house-of-representatives, #law-and-legislation, #manchin-joe-iii, #pelosi-nancy, #schumer-charles-e, #sinema-kyrsten, #united-states-politics-and-government

Biden Meets With Manchin and Schumer as Democrats Race to Finish Social Policy Bill

Speaker Nancy Pelosi said she hoped to pass an infrastructure bill and have a deal in hand on the social policy bill by the end of the week.

#american-families-plan-2021, #biden-joseph-r-jr, #democratic-party, #house-of-representatives, #law-and-legislation, #manchin-joe-iii, #pelosi-nancy, #schumer-charles-e, #sinema-kyrsten, #united-states-politics-and-government

Biden Bolsters Senate Filibuster Foes, but a Fight May Wait

The president’s criticism of the Senate tactic was a recognition that legislating has become nearly impossible when the filibuster is routine.

#biden-joseph-r-jr, #filibusters-and-debate-curbs, #manchin-joe-iii, #mcconnell-mitch, #schumer-charles-e, #senate, #sinema-kyrsten, #united-states-politics-and-government, #voting-rights-registration-and-requirements

Democrats Consider Billionaires Tax

Senator Kyrsten Sinema’s refusal to accept corporate, individual or capital gains tax rate increases has led Democrats to consider proposals once championed by the party’s most liberal flank.

#biden-joseph-r-jr, #corporate-taxes, #federal-budget-us, #high-net-worth-individuals, #income-tax, #sinema-kyrsten, #tax-shelters, #taxation, #united-states-politics-and-government

How Not to Let Corporations Kill Biden’s Agenda

Profit taxes should be increased, but it’s OK to borrow if they aren’t.

#corporate-taxes, #federal-budget-us, #federal-taxes-us, #lobbying-and-lobbyists, #national-debt-us, #sinema-kyrsten, #tax-cuts-and-jobs-act-2017, #united-states-politics-and-government

Kyrsten Sinema’s Style Keeps Us Guessing

Sometimes a dress is just a dress. Sometimes it’s a strategy.

#content-type-personal-profile, #democratic-party, #dresses, #fashion-and-apparel, #senate, #sinema-kyrsten, #united-states-politics-and-government, #women-and-girls, #your-feed-fashion

5 Veterans Quit Kyrsten Sinema’s Advisory Council

The furious members accused the Arizona Democrat of “answering to big donors rather than your own people,” in the latest sign of the political pressure she faces.

#biden-joseph-r-jr, #manchin-joe-iii, #mccain-john, #sinema-kyrsten, #united-states-politics-and-government, #veterans

Democrats Back Away From Raising Tax Rates to Pay for Agenda

Responding to concerns from a key centrist, Senator Kyrsten Sinema of Arizona, the White House and leading Democrats are instead discussing a range of other taxes to pay for the plan.

#american-families-plan-2021, #biden-joseph-r-jr, #corporate-taxes, #democratic-party, #federal-taxes-us, #income-tax, #law-and-legislation, #manchin-joe-iii, #neal-richard-e, #senate, #sinema-kyrsten, #tax-cuts-and-jobs-act-2017, #united-states-politics-and-government

Republicans Set to Block Voting Bill Again, Raising Stakes on Filibuster

Lawmakers and activists are becoming increasingly alarmed that the proposed legislation will stall and put Democrats at a disadvantage in coming elections.

#biden-joseph-r-jr, #democratic-party, #filibusters-and-debate-curbs, #king-angus-jr, #law-and-legislation, #manchin-joe-iii, #mcconnell-mitch, #schumer-charles-e, #senate, #sinema-kyrsten, #united-states-politics-and-government, #voting-rights-registration-and-requirements

Is It Time for Kyrsten Sinema to Leave the Democratic Party?

The Arizona senator is, at heart, a Democrat of convenience and expediency. She could well break up with the party — before it breaks up with her. 

#american-families-plan-2021, #american-jobs-plan-2021, #arizona, #biden-joseph-r-jr, #democratic-party, #internal-storyline-no, #senate, #sinema-kyrsten, #united-states-politics-and-government

As Budget Bill Hangs in Limbo, Kyrsten Sinema Heads to Europe

With the Senate out of session, Ms. Sinema, the Democratic senator from Arizona, has been in Europe on a fund-raising trip.

#democratic-senatorial-campaign-committee, #sinema-kyrsten