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YSK that President Joe Biden wanted to end a loophole benefiting Private Equity billionaires. Powerful Senator Kyrsten Sinema opposed it. She was lavishly rewarded.

At first sight, the decision to insist on keeping a provision that benefits some of America’s wealthiest people seems a far cry from the concerns of voters in Sinema’s southwestern home state of Arizona.

However an FT analysis shows that the senator is a beneficiary of significant contributions from the private equity industry — whose lobbying machine and political influence have grown increasingly powerful over the past two decades.

Source: The Financial Times

Other sources:

https://theintercept.com/2021/09/26/kyrsten-sinema-private-equity-tax-loophole/

https://www.cnbc.com/2023/02/02/kyrsten-sinema-gets-wall-street-real-estate-support-ahead-of-2024-election.html

53 comments
  • What a fucking fake. Sure must be enjoying all the money paid by the corps for derailing everything.

  • When we revolt and take our country back, I hope she gets put against the wall just like the rest.

53 comments