senate this week? yes, lindsey. with that coming down to one lawmaker here in capitol hill, senator kyrsten sinema, who we know has opposed that carry interest loophole, that this morning senator joe manchin defended, keeping in this deal that he brokered with senate majority leader chuck schumer earlier this morning, this week. and all five sunday shows, manchin defending his decision to keep that inside this bill. and capturing republican attacks that this bill only raises inflation and on republican americans. listen. here we should not increased taxes, and we did not increasing taxes. truck. that is why we scored it from that thursday when we shut down, and we started talking again on monday. the only thing we have done is basically say that every corporation of a billion dollars of value or greater in america should pay at least 15% of minimum corporate tax. taxes will be raised almost 70 billion dollars in the first, year on those who are making
putting a cap for medicare recipients that says you never have to spend more than 2,000 dollars a year on prescription drugs. and expanding coverage of health care to many people who don t have p it right now. and then look at the third part, and that is how it s paid for. it s paid for by saying to giant corporations that have more than a billion in profits, you re going to have to pay a 15% minimum tax on your book profits. not after you fiddled around with the irs and all of the loopholes that you lobbied in. your book profits. this is serious. and in addition to that, there s going to be the carry interest loophole, it s going to be tightened, we re going to save moneygh on the drugs, i want yo
details? they must think it s the perception, this is the trump tax plan that s on one sheet of paper. it has no details and so, he s all about perception right now rather than getting into the substance. but what is frustrating to me is so many of the promises he made on the campaign trail, some of which i agree with, aren t evident in this plan, including the car closing the carried interest loophole, which i have championed in the senate ever since i got here. so the president favored on the campaign trail closing what s called the carry interest loophole, which hedge fund managers can declare what s essentially their ordinary income, get tax to the far lower rate. save lots and lots of money, everyone i ve talked to who is an unbias expert think it s a ridiculous loophole and wants to close it. it never happens, do you think it s going to get closed now.
they must think it s the perception, this is the trump tax plan that s on one sheet of paper. it has no details and so, he s all about perception right now rather than getting into the substance. but what is frustrating to me is so many of the promises he made on the campaign trail, some of which i agree with, aren t evident in this plan, including the car closing the carried interest loophole, which i have championed in the senate ever since i got here. so the president favored on the campaign trail closing what s called the carry interest loophole, which hedge fund managers can declare what s essentially their ordinary income, get tax to the far lower rate. save lots and lots of money, everyone i ve talked to who is an unbias expert think it s a ridiculous loophole and wants to close it. it never happens, do you think it s going to get closed now. well, if it s really about
on, been in the news. right, i think what obama is talking about, is closing something, in the carry interest loophole and shopping in wal-mart probably won t affect you, but you re talking about the fact that people, look, who cannot be scared about what s going on, up, down, this is very scary time we live in this country and and dove tailing off the howard dean comment, to build a society that president obama envisions costs so much money and the rhetoric taxing the rich and people look at the paycheck and they got it. and to create the society we want and ultimately we put the rich people in front as strawmen or straw women, but everyone s going to pay more. let s be clear, the payroll tax hike was actually republican proposal, obama want today extend that payroll tax, and the republicans said no and took it off the table. to the extent republicans don t want to raise taxes on