Why Sen. Sinema Preserved the Carried Interest Loophole
FEATURING CARTER DOUGHERTY - The United States Senate on Saturday passed the Inflation Reduction Act, a sprawling bill on climate, healthcare, pharmaceuticals, and taxes. Extracting a steep price for her support of the bill, Arizona’s Democratic senator, Kyrsten Sinema demanded that a provision cutting back the carried interest loophole be removed.
The loophole has enriched private equity executives for years and survived multiple legislative attempts to thwart it, thanks to intense lobbying by the financial industry.
For more information visit www.ourfinancialsecurity.org and www.stopwallstreetlooting.org.
This post is for subscribers only
Subscribe now for free to watch the video of this interview (You can upgrade later to a paid membership to unlock exclusive content).
Sign up now
Already have an account? Sign in
You’ve successfully subscribed to Rising Up With Sonali
Welcome back! You’ve successfully signed in.
Great! You’ve successfully signed up.
Success! Your email is updated.
Your link has expired
Success! Check your email for magic link to sign-in.