Hillary’s Brilliant Tax Plan
Just in time for the ongoing market slide.
Just in time for the ongoing market slide, which impacts in one way or another the majority of American workers, The Wall Street Journal notes that Hillary Clinton “is promising Obamanomics Plus: continue the agenda of the last eight years, with bonus corrections toward the left as necessary. She’s proposed to nearly double the top tax rate on some capital gains to 43.4% from 23.8%, for example, up from 15% as recently as 2012.” So Clinton’s plan is to increase taxes in a soft market during what is essentially an extended recession. Brilliant!
- Tags:
- stock market
- taxes
- capital gains