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Hillary Clinton Tax Policy Analysis

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Hillary has many plans to make the United States better. Clinton and her colleagues forged a plan that reflected her campaign themes while preserving the basic framework of the individual and corporate tax laws. In her plan, she inputted the “Buffett rule” which is the argument that the wealthiest Americans should have to pay at minimum a higher effective tax rate than other people. Clinton wanted to show to Sanders and her other observers in the liberal side that even though her reputation for peacefulness with Wall Street and other franchises, she isn’t hesitant to hit big banks and other wealthy investors with higher taxes and fees. She underwrote most of the cost of her social and economic agenda by raising taxes on the wealthiest Americans, without driving up the debt too much or shaking the economy. Her long term programs include new infrastructure …show more content…

She explained that she would add a 4% surcharge on incomes above $5 million a year. She would mandate a minimum 30% tax rate for those earning $1 million a year. She would restore the estate tax to 2009 levels. She also states that the Dodd-Frank Wall Street Reform Act did not extend far enough to end the threat from the too-big-to-fail banks. She proposes a risk fee levied on all banks with more than $50 billion in assets, high debt levels, or too much reliance on short-term funding.
She would extend the statute of limitations for financial crimes, and require CEOs to personally pay part of any fines levied on their companies. Clinton proposed an "exit tax" on corporations that attempt a so-called "tax inversion." They would pay American taxes on any deferred foreign earnings. She would also tax high-frequency traders. Clinton’s tax proposals make some important changes around the edges of the federal tax code but she shies away from any fundamental restructuring of the federal tax

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