{"id":8876,"date":"2022-09-16T15:49:07","date_gmt":"2022-09-16T15:49:07","guid":{"rendered":"http:\/\/lonecandle.com\/?p=8876"},"modified":"2022-09-16T15:49:07","modified_gmt":"2022-09-16T15:49:07","slug":"the-sinema-manchin-split-that-shaped-dems-deal","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=8876","title":{"rendered":"The Sinema-Manchin split that shaped Dems\u2019 deal"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">\n\n&#8220;After Manchin agreed with Senate Majority Leader Chuck Schumer on the party-line tax, health care and energy bill, the West Virginia Democrat found himself bargaining with fellow moderate Sen. Kyrsten Sinema. Both hard-nosed negotiators, the Arizona Democrat\u2019s business-friendly tax-approach clashed sharply with Manchin\u2019s more progressive positions on taxes.<br>Manchin sought to target the wealthy and ended up agreeing with Schumer to target the so-called carried interest loophole that allows some people to pay lower tax rates on investment income. He also signed off on a corporate minimum tax package that most Democrats believed Sinema supported.<br>Ultimately, Sinema took a scalpel to the corporate minimum tax and scuttled any changes to carried interest, which Manchin called particularly \u201cpainful.\u201d Triangulating between them through all of it: Schumer, whose job was harmonizing the views of the very public Manchin with an often-silent Sinema.&#8221;<br><a href=\"https:\/\/www.politico.com\/news\/2022\/08\/07\/sinema-manchin-anatomy-senate-deal-00050259\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.politico.com\/news\/2022\/08\/07\/sinema-manchin-anatomy-senate-deal-00050259<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;After Manchin agreed with Senate Majority Leader Chuck Schumer on the party-line tax, health care and energy bill, the West Virginia Democrat found himself bargaining with fellow moderate Sen. Kyrsten Sinema. Both hard-nosed negotiators, the Arizona Democrat\u2019s business-friendly tax-approach clashed sharply with Manchin\u2019s more progressive positions on taxes.<\/p>\n<p>Manchin sought to target the wealthy and ended up agreeing with Schumer to target the so-called carried interest loophole that allows some people to pay lower tax rates on investment income. He also signed off on a corporate minimum tax package that most Democrats believed Sinema supported.<\/p>\n<p>Ultimately, Sinema took a scalpel to the corporate minimum tax and scuttled any changes to carried interest, which Manchin called particularly \u201cpainful.\u201d Triangulating between them through all of it: Schumer, whose job was harmonizing the views of the very public Manchin with an often-silent Sinema.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[905,1727,542,1262,235,234,73,1172,1403,906,865,141],"class_list":["post-8876","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-bill","tag-chuck-schumer","tag-congress","tag-democrats","tag-energy","tag-energy-policy","tag-healthcare","tag-joe-manchin","tag-kyrsten-sinema","tag-legislation","tag-senate","tag-taxes"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/8876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8876"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/8876\/revisions"}],"predecessor-version":[{"id":8877,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/8876\/revisions\/8877"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}