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applegrove

(118,502 posts)
Wed Jun 22, 2016, 08:05 PM Jun 2016

Clinton casts her economic plan as antidote to 'trickle-down economics'

Clinton casts her economic plan as antidote to 'trickle-down economics'

Heidi M. Przybyla, USA TODAY

http://www.usatoday.com/story/news/politics/onpolitics/2016/06/22/hillary-clinton-economy-donald-trump/86257182/?siteID=je6NUbpObpQ-EYUD90.iyLF_OdcREghf7w

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“It has been proven wrong again and again,” Clinton told a rally in Raleigh, N.C. “There are still people in Congress who insist on cutting taxes for the wealthy instead of investing in our future,” she said. Clinton took another jab at the GOP by noting that twice Republican presidents have caused an economic “mess” and “a Democratic president has had to come in and clean it up.”

Within the first hundred days of taking office, Clinton said she would enact a massive jobs plan anchored by “the biggest investment in infrastructure in decades.” This would include not just rebuilding roads and bridges but also delivering broadband to every home by 2020 and “making American the clean energy superpower of the 21st century.”

Clinton’s speech was an attempt to balance her attacks on Trump with substance, as her campaign argues that the real estate mogul has offered little detail other than a plan to cut taxes, including for the wealthy, that would balloon the national debt.

She also pitched debt-free college, encouraged companies to share more of their profits with their workers and proposed that Wall Street corporations and the “super rich pay their fair share” of taxes, citing millionaires who pay a lower percentage in taxes than their secretaries.


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Clinton casts her economic plan as antidote to 'trickle-down economics' (Original Post) applegrove Jun 2016 OP
If Hillary, as president, gets the FICA tax cap rescinded, and nothing else, it would go a long way. forest444 Jun 2016 #1
+100 applegrove Jun 2016 #2

forest444

(5,902 posts)
1. If Hillary, as president, gets the FICA tax cap rescinded, and nothing else, it would go a long way.
Wed Jun 22, 2016, 08:12 PM
Jun 2016

It would create a new, 6.5% tax that the wealthy have hitherto never had to pay, and it would, of course, save Social Security.

A Trump presidency, on the other hand, would almost certainly mean privatization - and within a few years we could kiss Social Security godbye (which is what Rethugs have always wanted).

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