On the campaign trail in New Hampshire, the former USA secretary of state and will roll out a plan giving manufacturers a 39 percent tax credit on equity investments in towns that experience major job losses, according to the Clinton campaign.
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ISIS is known to use intense online tactics to recruit new members around the world, including in the U.S. Earlier this year, the FBI said there has been over 900 ISIS-related investigations in all 50 states.
But while Sanders, a self-described “democratic socialist”, has railed for decades against inequities and abuses of the financial sector, Clinton has faced criticism for her close ties to the industry. Republican presidential front-runner Donald Trump, the billionaire real estate mogul, has said Pfizer’s departure “is disgusting” and American politicians “should be ashamed”.
But Warren, a thorn in the side of big banks and whom some progressives would mount a presidential bid of her own, came out with new praise for Clinton, as the Democratic presidential frontrunner ramps up her push for Wall Street reform. “Nobody is arguing with that”, Clinton told ABC News in an interview, her first after the San Bernardino shooting that killed 14 people and injured 17 others.
“Technology is often called the great disruptor”, she said.
She has not, though, been as aggressive in calling out companies by name, as she did not only during her TV appearance but while speaking at Brookings. Clinton also said she’d “fight to reinstate the rules governing risky credit swaps and derivatives at taxpayer-backed banks”, which Congress rolled back in a spending package passed previous year in the face of Warren’s impassioned opposition.
“I want the Treasury Department to do everything it can to stop that kind of behavior and call it for what it is: gaming the tax system”, she said last month, referring to inversion deals.
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Sanders advocates a lot harder actions to interrupt up massive banks and has accused Clinton of being beholden to her giant donors from the monetary sector. The White House and Clinton believe that new standard would discourage inversion deals by requiring the US company to purchase a larger foreign entity. The rules include curbing the practice of cherrypicking the headquarters of a merged entity to countries with the most beneficial tax climates, instead restricting the location to where the foreign company is based. “They’ve declared war on us and we need to be much more serious about creating a strategy to take them out”. Many of these companies still keep operations and executives in the USA, making it a mostly financial shift. She has often found common ground with Clinton’s main rival, Sen. All U.S. highway work, for example, must be completed with American-made steel and concrete.
