Hillary Clinton is training to ‘fair-share’ income tax surcharge for the rich.

Hillary Clinton said she want to impose what I call a fair-

share surcharge on multimillionaires
because right now, we’re behind, and
we need to get the wealthy and the
corporations to pay more of their fair
share. She said, she want to implement the Buffett Rule:
Make sure there’s a minimum tax
they have to pay,” Clinton said while
campaigning Monday in Iowa.

Clinton said she would later
announce plans to go even further
than the “Buffett Rule,” which would
establish a minimum tax rate of 30
percent on those earning more than
$1 million a year.

Hillary Clinton is
calling for a 4 percent “fair-share”
income-tax surcharge on people
making more than $5 million a year.

The surcharge on the .02 percent of
taxpayers who make more than $5
million a year is expected to raise $
150 billion over a decade.

Briggs said “At a time of grotesque income and
wealth inequality . . . Secretary
Clinton’s proposal is too little too
late,”


Comments

Post a Comment

Popular posts from this blog

President Obama’s lame-duck drive for disastrous ‘success’

Image
Lame-duck presidents rarely get much done in their final year, or even try — clearing the field for election- year politics. But President Obama is plainly intent on feeding partisan rancor in 2016 — via unconstitutional overreach. He’s going big with executive action, damn the consequences. And he’s doing so on divisive issues from gun control to immigration. On New Year’s Eve, his Homeland Security Department announced new rules boosting the number of work visas for foreign-born US college graduates — well above the level approved by Congress. This, just weeks after language buried deep in the omnibus spending bill increased visas for working-class immigrants. And as immigration has become a bitter issue on the presidential campaign trail. On gun control, word is that an executive order to expand background checks on certain gun sales will come this week. Look: This issue’s been before Congress for at least two years — and gone nowhere. Worse, Obama’s c...
Read more

Hottest look at Paris Fashion Week won’t keep you warm

Image
Despite the fall chill that took over Sunday during Paris fashion week, actress and fashion darling Dakota Fanning sashayed her way into Valentino’s show wearing the most popular runway trend we’ve seen all week in the City of Light, from Saint Laurent to John Galliano: a see-through black dress with a bra and pair of high-waisted underwear styled underneath. Never mind that scandalous description. Fanning — a true fashion veteran — nailed the look. The starlet paired her sleeveless lace number with minimal but matching accessories: a small black purse and strappy black heels. A slew of stars — Jessica Alba, Diane Kruger and Hailee Steinfeld, to name a few — accompanied Fanning on the front row for designer Pierpaolo Piccoli’s solo debut at the storied house. And what was on offer? A revamped, confident take on the brand’s signature designs: shiny, pleated frocks, ethereal gowns, micro-mini cross-body handbags, and, of course, a variety of takes on Fanning’s flirty...
Read more

The Senate has urged the federal government to immediately come up with comprehensive intervention offset the outstanding salaries of teachers across the country

The Senate on Tuesday, July 12, urged the federal government, states and local governments to pay outstanding salary to teachers across the country. This decision was taken after a motion sponsored by Dino Melaye, chairman, Senate committee on Federal Capital Territory (FCT). The motion was titled non-payment of teachers salaries across the country. The Senate also urged the federal government to immediately enter into negotiations with the states and come up with a comprehensive intervention scheme to fully address this national emergency for action. It also urged government at all levels to begin the implementation of a priority expenditure scheme that puts the payment of teachers salaries at the same wrung on public expenditures as security. Melaye who read the motion said that the Senate is disturbed by the difficult financial situation that some states are experiencing because of the current dwindling economic situation. He said the Senate is worried and ...
Read more