The Wall Street Journal today reports that Sinema “has told lobbyists that she is opposed to any increase” in taxes on high-income individuals, businesses, or capital gains. Her opposition is reportedly “pushing Democrats to more seriously plan for a bill that doesn’t include those major revenue increases.”
If this report is true, it would likely be a death blow to Biden’s social agenda.
What makes her opposition to taxing the wealthy so peculiar is that it is not a public opinion winner. Democratic promises to raise taxes on the wealthy are one of the most popular elements of their plan.
Democrats have torn their hair out trying to discern Sinema’s motives.
If this report is true, it would likely be a death blow to Biden’s social agenda.
What makes her opposition to taxing the wealthy so peculiar is that it is not a public opinion winner. Democratic promises to raise taxes on the wealthy are one of the most popular elements of their plan.
Democrats have torn their hair out trying to discern Sinema’s motives.
