Sinema backs corporate minimum tax proposal
By Aris Folley - 10/26/21 06:00 PM EDT
Sen. Kyrsten Sinema (D-Ariz.) voiced support for a proposal for a minimum tax on corporate profits as her party weighs the measure as a potential revenue raiser for its sweeping social spending plan.
“This proposal represents a commonsense step toward ensuring that highly profitable corporations — which sometimes can avoid the current corporate tax rate — pay a reasonable minimum tax on their profits, just as everyday Arizonans and Arizona small businesses do,” Sinema said in a statement on Tuesday.
The senator added that she looks forward to continuing talks “with the White House and colleagues to expand economic opportunities, retain America’s economic competitiveness and help Arizona families get ahead.”
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https://thehill.com/policy/finance/budget/578590-sinema-backs-corporate-minimum-tax-proposal
