Changes demanded by Senator Kyrsten Sinema will preserve a tax loophole that Democrats have complained about for years.
Tag: Taxation
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What Would the New Carried Interest Loophole Proposal Do?
Legislation agreed to by top Democrats falls far short of closing a tax loophole that party leaders have complained about for years but would narrow its preferential treatment.
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Manchin, in a Reversal, Agrees to Climate and Tax Package
The West Virginia Democrat, a holdout on his party’s domestic agenda, said the package would reduce inflation, a concern he had cited in rejecting it just weeks ago.
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Alabama Takes From the Poor and Gives to the Rich
How fines and fees trap people in a kind of penury from which they may never escape.