A nice idea. I like that Hillary and Bernie are competing on how to reduce economic inequality. This is a long way from her campaign in 2007-2008.
Bernie may have influenced this, and I’m fine if so. Pulling the Overton Window to the left.
On Daily Kos, this will change no one’s minds because they are already made up. I’m not endorsing Hillary with this post. Just glad to see this.
Hillary Clinton called Monday for a 4 percent “fair share surcharge” on Americans making more than $5 million annually, the first of several proposals she plans to unveil this week aimed at ensuring the wealthy pay a higher effective tax rate than the middle class.
"Right now we’re behind and we have to get the wealthy and the corporations to pay their fair share," the Democratic presidential front-runner said at a campaign rally in Waterloo, Iowa.
The measure would raise $150 billion in revenues over a decade, which would pay for some of her proposals aimed at creating jobs and rebuilding infrastructure, said a campaign official who asked not to be named. Clinton will introduce additional tax ideas aimed at the wealthy later this week, the official said.
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Her leading rival for the Democratic nomination, Vermont Senator Bernie Sanders, also wants to raise taxes on the wealthy and use the revenues to fund a range of proposals, including a single-payer health care system.
www.bloomberg.com/...