by announcing she’s agreed to support the bill. Her sticking point had been a part of the bill that would have made minor changes to the so-called “carried interest loophole,” a tax law quirk that allows executives at private equity firms and hedge funds to pay lower taxes than their employees.
She supports the loophole and demanded that provision be removed from the bill.Interestingly, Sinema has made no public statements explaining her demand.
Nevertheless, Democrats agreed to strike the provision and so she says she’ll support the bill. Of course, she’s broken her promises multiple times, but for now at least it appears she won’t do anything further to damage the bill.Read more on thewrap.com