- Nov 2008
- Washington state
Democratic presidential frontrunner Hillary Clinton on Monday took a giant step toward letting Democratic voters know she’s representing the progressive agenda, calling for tax increases and more regulation on Wall Street -- while making a play for a liberal base that has been gravitating toward Sen. Bernie Sanders.
“I know as much as anybody, the role Wall Street should play for main street,” said Clinton, who vowed, if elected, to “rein in excessive risks” and appoint regulators to “prosecute firms and individuals” who break the law.
Clinton also vowed to increase taxes on large corporations and the country’s highest wage-earners, an apparent effort to recapture her party’s progressive base now captivated by surging primary challenger Sanders and the reformer agenda of Massachusetts Sen. Elizabeth Warren, who is not a 2016 candidate.
Clinton specifically vowed to revive efforts to institute the so-called Buffet Rule, which is essentially a 30 percent “millionaire tax.”
“Those at the top have to pay their share,” Clinton said during her roughly 35-minute speech at the New School, a New York City college and bastion for progressive ideals. “Wealthy financiers pay artificially low tax rates.”
Clinton also called for minimum-wage increases and urged companies to expand profit-sharing of corporate earnings with workers.
Clinton vows to raise taxes, reform Wall Street in effort to recapture progressive base | Fox News
Tax people more. How will that get her more votes. It sounds like a one liner Progressive use to get votes, but makes no difference to Washington. They just scoop up the extra money to pay off their extreme debt. Raise the minimum wages. How has that worked out so far? Not to well. Some companies cut back laborers or work employees less. Obamacare has created this same problem. Has Hillary ever run a business? She is losing votes to Bernie Sanders and getting desparate.