Posted on 08/14/2022 12:17:01 PM PDT by knighthawk
Senator Kyrsten Sinema, the Arizona Democrat who single-handedly thwarted her party's longtime goal of raising taxes on wealthy investors, received nearly $1 million over the past year from private equity professionals, hedge fund managers and venture capitalists whose taxes would have increased under the plan.
For years, Democrats have promised to raise taxes on such investors, who pay a significantly lower rate on their earnings than ordinary workers.
But just as they closed in on that goal last week, Sinema forced a series of changes to her party's $740 billion election-year spending package, eliminating a proposed 'carried interest' tax increase on private equity earnings.
(Excerpt) Read more at dailymail.co.uk ...
That used to be the cardinal sin, but no more. Today, mere politics has been replaced by religious fanaticism, and the cardinal sin is to decry the party creed. Not vote against a policy.
“Sinema betrayed her constituents. When she is due for reelection she will lose”
Who cares, those payments were the retirement package..
Even without corruption, you're not far from the truth.
The IRS will be loaded for bear against every small business in America: 18 wheeler owner/operators, barbers and beauticians, plumbers, masons, electricians, dentists, gym owners, car washes, etc. A class of people who vote 80%-90% Republican.
Most politicians are nothing but bought off or worse.
A Corporatocracy has been in place for decades and been getting worse as time goes on. It’s getting close to becoming global with the Great Reset. All the leaders of big corporations(and asset management firms) are on board with it.
They realize money is a construct, numbers on a screen, attached to payment methods. They have no need for a USD either. They only need to be able to obtain whatever luxuries they desire.
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