Saturday, February 16, 2008

Hillary Vows to Take On Corporate America

WARREN, Ohio, Feb. 14 (UPI) -- Democratic U.S. presidential hopeful Hillary Clinton said Thursday she will clamp down on tax breaks for big business if elected.

The Politico reported among those in the New York senator's cross hairs: oil, insurance, pharmaceutical, investment, and student loan firms, she told employees and an executives at the General Motors plant in Warren, Ohio, ahead of the state's March 4 primary.

"Today, I'm announcing an agenda to rein in the special interests and save the American people at least $55 billion a year," Clinton said. "Money that can go back into your pockets. Money we can use to create new jobs, rebuild our infrastructure, make college affordable and so much more."

Clinton said oil companies are not paying their fair share of taxes.

"I'll end their special tax breaks and give them a choice: Invest some of your profits in alternative energy, or we'll do it for you," she said. "People have been paying through the roof at the pump, and it's time the companies paid their fair share."

As for Wall Street, Clinton said investors too are getting off easy.

"We'll take on Wall Street and tell them: you're going to finally pay your fair share in taxes," she said. "It's outrageous that a teacher making $50,000 pays a higher tax rate than some Wall Street investment managers making $50 million."

1 comment:

Anonymous said...

Come on people especially you Republicans out there what is going on?it is time for a change everything is so screwed up since Bush has been in and we are in such a mess,let's keep focused and vote for a woman,she has got to be better ,much better.......she is smart