McConnell privately assures GOP that Kyrsten Sinema will kill Biden's tax hike: report [View all]
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Source: Salon
Igor Derysh 52 mins ago
Senate Minority Leader Mitch McConnell has privately assured his Republican colleagues that centrist Sen. Kyrsten Sinema, D-Ariz., is likely to block President Joe Biden's proposed tax hikes on the wealthy and corporations, according to The Washington Post.
Biden has introduced a $2.3 trillion infrastructure plan that would be paid for with tax increases on corporations and a $1.8 trillion "American Families Plan" that would be funded with higher taxes on the wealthy and investors and increased IRS enforcement. Republicans are pushing a much smaller infrastructure counterproposal that would shift the tax burden from corporations to workers, and have loudly objected to the proposed tax increases. McConnell, however, does not seem worried about the hikes clearing the 50-50 Senate where a single Democrat can block any party-line vote.
McConnell has privately "reassured allies of Democrats' long odds in approving tax hikes, pointing in particular to the voting record of Sen. Kyrsten Sinema," according to the Post.
That suggests McConnell sees Sinema as a bigger impediment to Biden's proposals than Sen. Joe Manchin, D-W.Va., who has called for raising taxes to pay for an infrastructure proposal as large as $4 trillion but wants a smaller increase on corporate taxes. Manchin has also rejected gas taxes and user fees proposed by Republicans as a tax on workers and commuters.
Read more: https://www.msn.com/en-us/news/politics/mcconnell-privately-assures-gop-that-kyrsten-sinema-will-kill-bidens-tax-hike-report/ar-BB1gGXhn?li=BBnb7Kz
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