26 September 21
Live on the homepage now!
Reader Supported News
TIME TO THINK ABOUT WHAT RSN MEANS: There are some people reading this message who do in fact contribute and help sustain RSN. To you we offer a heartfelt thank you. However in truth most of the people reading this are highly resistant to contributing. The time has come to carefully consider the consistent, dependable daily effort RSN makes to bring you truly honest perspectives. It's Information that makes social progress possible. Time to reflect.
Marc Ash • Founder, Reader Supported News
Sure, I'll make a donation!
FOCUS: Kyrsten Sinema Goes to War With the Democrats to Keep Taxes Low for the Wealthy
Jonathan Weisman and Coral Davenport, The New York Times
Excerpt: "Opposition from a single Democrat to corporate and income tax rate increases has revived efforts in the Senate to draft a tax on carbon dioxide pollution as a way to pay for the Democrats' proposed $3.5 trillion budget bill."
Opposition from a single moderate Democrat to corporate and income tax rate increases has revived efforts in the Senate to draft a tax on carbon dioxide pollution as a way to pay for the Democrats’ proposed $3.5 trillion budget bill.
Sen. Kyrsten Sinema, D-Ariz., has not advocated a carbon tax, which President Joe Biden and other key Democrats have shied away from as a huge political risk. But her resistance to tax rate increases to pay for the Democrats’ ambitious social policy and climate legislation has set off a scramble for alternatives — at the very least to show her how difficult it would be assemble a package without those rate hikes.
Sen. Ron Wyden, D-Ore., chair of the Senate Finance Committee, confirmed that the Senate majority leader had asked him to craft legislation that would put a price on carbon emissions but to ensure that the policy would respect Biden’s pledge not to raise taxes on families earning less than $400,000.
READ MORE
Contribute to RSN
Follow us on facebook and twitter!
Update My Monthly Donation
PO Box 2043 / Citrus Heights, CA 95611
