Clinton
floats tax-code changes as she campaigns in New Hampshire
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[April 21, 2015]
By Amanda Becker
KEENE, New Hampshire (Reuters) -
Democratic presidential candidate Hillary Clinton said on Monday she
would consider changes to the U.S. tax code to reward companies that
produce goods and services as opposed to trading, which she likened to
"playing games."
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Campaigning in the early-voting state of New Hampshire, Clinton
underscored the anti-Wall Street rhetoric she used in the launch of
her 2016 White House bid last week.
"I think what we have to do is look at the whole tax system and try
to figure out what is an economic investment as opposed to one
without economic purpose," Clinton said in response to a question
during a visit to Whitney Brothers Inc., a family-owned business in
Keene, New Hampshire. "Because there are a lot of those, where
people are just basically playing games."
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"I want to do everything I can to support goods and real services
and take a good look at what is now being done in the trading
world," she said.
Clinton, who has emphasized populist economic themes in an effort to
court the progressive wing of her party, repeated her criticism,
first made last week in Iowa, of provisions in the tax code that
allow some of Wall Street's richest financiers to pay lower tax
rates than middle-class Americans such as nurses and truck drivers.
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Some hedge fund managers and private equity firm partners benefit
from a loophole that lets them pay the capital gains tax rate, which
is lower than the ordinary tax rate, on large portions of their
incomes.
Clinton, the Democratic frontrunner, has yet to spell out a detailed
economic plan but in campaign stops over the last week she outlined
goals, such as making college education more affordable and tackling
income inequality.
(Writing by Caren Bohan; Editing by Christian Plumb)
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