She was publicly endorsed yet again by longtime friend-“We’ve know each other since 1992″-and billionaire investor Warren Buffett, who spoke briefly on why he believes in her candidacy and the objectives of her campaign”.
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OMAHA, Nebraska- Standing alongside billionaire Warren Buffett at the Sokol Auditorium in his hometown, Clinton signaled Wednesday that she is prepared to raise taxes on the wealthiest Americans.
Democrats say Buffett carries a rare dual appeal on Wall Street and Main Street.
Her comments were met with laughter from voters here, many of them University of Iowa students taking a break from studying for finals in order to attend her town hall. Buffett noted that in 1992 the top 400 earners made an average of $46.8 million and paid 26.3% in taxes but 20 years later by 2012 the top 400 earned $335.7 million and paid on average 16.7% in taxes.
But he said Hillary Clinton, “when she’s elected” will help tip the balance to help those who are not as fortunate.
Democratic presidential front-runner Hillary Clinton proposed expanding the “Buffett rule”.
Clinton said Republican presidential contenders are “running an evidence-free campaign” and need to be reminded of the financial crisis spawned during the George W. Bush administration by adherence to trickle-down economics.
Clinton, who has also pledged not to raise taxes on the middle class, is expected to roll out the specifics of her tax plan next year, according to an aide.
And she also took aim at Donald Trump’s campaign slogan, as she has in recent months. Buffett joined Clinton at an Omaha fund-raiser earlier in the morning.
Buffett was the world’s third richest man in 2015 worth an estimated $63 billion.
But the first target for Nebraska’s Clinton supporters will be Democratic presidential caucuses scheduled for March 5.
Buffett said after donating $25,000 to the pro-Clinton group that he didn’t realize it was a super PAC and suggested that he would limit his advocacy to more traditional fundraising.
Clinton went on to talk about raising the minimum wage and equal pay for equal work.
“I support her”, he told CNN in April.
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The final decision whether to explore and drill might be delayed until after the 2016 election, leaving it up to the next president’s administration, Knapp said.
