Sinema Backs Minimum Corporate Tax

[applegrove]

Sinema Backs Minimum Corporate Tax

October 26, 2021 at 6:49 pm EDT By Taegan Goddard 44 Comments

https://politicalwire.com/2021/10/26/sinema-backs-minimum-corporate-tax/

"SNIP......

“Sen. Kyrsten Sinema (D-AZ) voiced support for a proposal for a minimum tax on corporate profits as her party weighs the measure as a potential revenue raiser for its sweeping social spending plan,” The Hill reports.

.....SNIP"

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Democrats Propose Corporate Minimum Tax

October 26, 2021 at 5:06 pm EDT By Taegan Goddard 37 Comments

https://politicalwire.com/2021/10/26/democrats-propose-corporate-minimum-tax/

"SNIP......

“Senate Democrats detailed a 15% minimum tax on large companies’ income on Tuesday, refreshing an earlier revenue-raising proposal as they try to generate enough money to pay for President Biden’s social-spending and climate-change agenda,” the Wall Street Journal reports.

“The plan is designed to raise money from companies without raising the 21% corporate income-tax rate.”

......SNIP"

[spooky3]

1. Good. nt

[Bettie]

2. Today she backs it

who knows what she'll back tomorrow.

She was in favor of negotiating prescription prices, until the Parma Industry told her she isn't.

I hope she stays with this at least, but not holding my breath.

[Shermann]

3. At the end of the day it redirects funds from the rich to the US Treasury

So what's the point of all this legislative rework?

Is it just shuffling the deck in a way that gives Arizonans a better hand?