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OKdon
Senior Contributor

Hillary's tax proposals

1 Reply
Katzenjammer12
Senior Contributor

Re: Hillary's tax proposals

"Conclusion

Hillary Clinton would enact a number of tax policies that would raise tax revenue over the next decade in order to fund new or expanded programs. Most of her policies raise tax revenue as designed, except for her capital gains policy, which would actually end up losing revenue both on a static and a dynamic basis due to the incentives it creates to hold on to assets longer. If enacted, her tax policies would impose slightly higher marginal tax rates on capital and labor income, which would result in a reduction in the size of the U.S. economy in the long run. This would decrease the revenue that the new tax policies would ultimately collect. The plan would lead to lower after-tax incomes for taxpayers at all income levels, but especially for taxpayers at the top."

 

Along with her stance on TPP, her tax proposals are not likely to gain many supporters in farm country.

 

She seems to be going after taxes from high income people but mostly just shuffles money around.  No sign that increased taxes will pay down the national debt.  It will be a hotly debated proposal.