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PRESIDENTIAL RACE | Clinton campaign reports 34.2 percent tax rate
Senator Hillary Rodham Clinton defended staying in the Democratic nominating contest on Friday by pointing out that her husband had not wrapped up the nomination until June 1992, adding, “We all remember Bobby Kennedy was assassinated in June in California.”.
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Commentary: Hillary Clinton discussed her plan to fight for working families, putting Donald Trump’s “plan” to shame.
Clinton spent most of her speech tearing into GOP nominee Donald Trump’s plans for taxes and the economy. “He’s missing so much about what makes MI great”.
“She’s playing that to her advantage of delivering a strategy that is familiar and frankly has largely worked in many ways if you give the president credit for improvement in the last eight years”, said Christopher Smart, a former Treasury official in the Obama administration. She then spoke to the traveling press corps for the first time in more than a week, at a supermarket here. If so, she will be the most anti-free trade leader of a major party since World War II.
Analysts saw a “Sanders effect” in Clinton’s speech Thursday.
Clinton described Trump’s economic agenda as “just a more extreme version of the failed theory of trickle-down economics, with his own addition of outlandish Trumpian ideas that even Republicans reject”. Tim Kaine, have been working to take voters’ focus off past positions on trade and onto her proposals to create new jobs, increase wages, and grow the economy.
Zandi’s analysis showed that under Clinton’s plans, the economy overall would create 10.4 million jobs nationwide while under Trump, the economy would lose 3.4 million jobsand the nation would plunge into a “lengthy recession”.
Trump’s running mate, Mike Pence, has yet to say if he will release his taxes, which he has not done as governor of Indiana.
Clinton has tried to paint Trump has an out-of-touch business mogul, but her substantial wealth has caused headaches.
“She’s clearly trying to poke him where he’s vulnerable in style and substance, and give enough of an affirmative case that she’ll do something”. The couple owed millions in legal fees, but quickly generated far more from book deals, paid appearances and consulting fees.
For those who believe the world’s biggest economy doesn’t need radical surgery, Hillary Clinton is offering a comforting refuge.
Here’s what commentators are saying about Clinton’s speech. She commanded her highest rate from EBay, which paid her $315,000 for a March 2015 address in San Jose.
Bill Clinton’s consulting work for GEMS Education, a global network of for-profit schools based in Dubai in the United Arab Emirates, earned him more than $5.6 million in fees between 2010 and 2015, according to the Clinton tax returns. The cases have since settled. On Friday, his office confirmed that Clinton also halted his business dealings with GEMS Education previous year.
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“I will stop any trade deal that kills jobs of holds down wages, including the TPP”, Clinton said Thursday afternoon. His office did not immediately respond to a question about whether he still has a relationship with GEMS.