Press "Enter" to skip to content

You have another reason to dislike Krysten Sinema (again)

Spread the love

AZ Senator Krysten Sinema is probably one of the most disliked women in America right now. A new report doesn’t help that fact considering it confirmed what many had suspected about Sinema ‘s financial fundraising while in government. Sinema received more than $1m in funding from private fund managers and then turned around and helped kill a tax that would’ve taxed those managers appropriately.

That tax if you’re wondering is known as the carried interest tax. It allows these managers to be taxed at a much different rate than an ordinary person. Essentially the tax is designed in a way that has a much lower tax rate than ordinary taxes even if revenues are soaring. AP review of her finances made this among several other discoveries.



Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Visit Bazaar Daily UK
Skip to content