Democratic presidential candidate Clinton addresses supporters at the Electric Park Ballroom in Waterloo, Iowa

Clinton seeks surcharge tax on wealthiest tier of Americans

Democratic presidential candidate Clinton addresses supporters at the Electric Park Ballroom in Waterloo, IowaBy Amanda Becker MANCHESTER, New Hampshire (Reuters) – U.S. Democratic presidential candidate Hillary Clinton on Monday proposed a 4 percent tax on the wealthiest sliver of taxpayers who earn more than $5 million per year. The so-called “surcharge” on the wealthiest 0.02 percent would generate $150 billion over the next decade, according to a Clinton campaign aide. The suggested tax follows Clinton’s promise last month as she campaigned alongside billionaire investor Warren Buffett to build on the “Buffett rule,” which would establish a minimum tax rate of 30 percent on those earning more than $1 million per year.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Top U.S. spy agency has not embraced CIA assessment on Russia hacking https://t.co/IjKhHd4Nmc #liarinchief #urwrong https://t.co/MBrsUbDLHg - 1 month ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article

Leave a Reply

Your email address will not be published. Required fields are marked *