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Historic NY

(37,451 posts)
Fri Nov 13, 2015, 01:18 PM Nov 2015

Clinton Pledges No New Taxes on Households Under $250k

“In paying for her proposals, she fundamentally rejects the idea that we should be willing to raise taxes on middle-class households,” Brian Fallon, spokesman for Hillary Clinton’s presidential campaign, says in e-mail.

Sen. Bernie Sanders of Vermont and former Maryland governor Martin O'Malley say the middle class could see at least somewhat higher tax rates to pay for the expansive government programs they favor. They also say the middle class will benefit overall from their plans.

But Hillary Rodham Clinton, for the first time in this campaign, is now committing to the same pledge Obama made: no new taxes on households earning under $250,000 a year. Clinton also took the pledge when she ran for president in 2008 — a position that then aligned with Obama's — but she is making it today in a more populist Democratic environment.

"Hillary Clinton is proposing a bold, ambitious agenda," Clinton spokesman Brian Fallon said in a statement, "but in paying for her proposals, she fundamentally rejects the idea that we should be willing to raise taxes on middle-class households. We need to raise these families' incomes, not their taxes."

The split reflects a difference in philosophy and ambition among the candidates. All are proposing to expand government spending beyond the levels of the Obama era. And while they favor many of the same policies — such as government-paid family leave and expanded access to child care — Clinton has pushed less sweeping programs than her rivals.

https://www.washingtonpost.com/news/wonk/wp/2015/11/13/clinton-and-sanders-are-divided-over-a-big-obama-promise-not-raising-taxes-on-the-middle-class/

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Clinton Pledges No New Taxes on Households Under $250k (Original Post) Historic NY Nov 2015 OP
The tax system is so unbelievably and crookedly designed to benefit the rich, the rest of us randys1 Nov 2015 #1
Social Secutity cap should be removed exboyfil Nov 2015 #2
^^^this^^^ Freddie Nov 2015 #4
Hooray!!! VanillaRhapsody Nov 2015 #3
If we have policies for jobs and wages... yallerdawg Nov 2015 #5

randys1

(16,286 posts)
1. The tax system is so unbelievably and crookedly designed to benefit the rich, the rest of us
Fri Nov 13, 2015, 01:22 PM
Nov 2015

are such dopes.

exboyfil

(17,863 posts)
2. Social Secutity cap should be removed
Fri Nov 13, 2015, 01:34 PM
Nov 2015

This means raising taxes on those making between $110K to $250K. Currently the system is being carried on the backs of those making between $50K and $110K.

Freddie

(9,267 posts)
4. ^^^this^^^
Fri Nov 13, 2015, 03:06 PM
Nov 2015

I can understand not wanting to raise taxes, but why should folks making $118000+ pay LESS tax?
I'm a payroll admin. I really don't care what the higher-ups earn, but when they get their "mid-year bonus" for going over the cap, it still p*sses me off after all these years.

yallerdawg

(16,104 posts)
5. If we have policies for jobs and wages...
Fri Nov 13, 2015, 04:19 PM
Nov 2015

that move us up towards that $250,000 level, we will collect more payroll tax and income tax! Fund our programs, expand our programs. This is what Hillary would do.

Let a Republican get elected - just like Bush 2.0 - cut, cut, cut. Then - we can't fund the program, we can't afford it - there just isn't enough money!

One step forward - or two steps back.

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