It is wrong that a Wall Street money manager making 50 million dollars a year pays a lower percentage of his income in taxes than [somebody] making 50 thousand dollars.
CLINTON: It is wrong that a Wall Street money manager making 50 million dollars a year pays a lower percentage of his income in taxes than a nurse or a teacher or a truck driver or an auto worker making 50 thousand dollars.
VOICEOVER: Hillary Clinton will end loopholes for special interests and cut taxes for working families to pay for college, health care and retirement. It's time for action.
CLINTON: We will put America back on the right track. I'm Hillary Clinton and I approve this message.
1 comment
#1 Matthew Burton May 27, 2008
Her comment at the beginning is about capital gains: most "Wall Street money managers" incomes are from capital gains, money earned by investments. Such income is taxed at a lower rate than ordinary income.
After this comment, the voiceover says Clinton will "end loopholes for special interests," which, in the context of her opening comment, implies that she is committed to raising the capital gains tax. But in the Philadelphia debate with Obama, she was non-committal on this question:
Obama got this question first and got hurt by it, so Clinton was perhaps protecting herself.
Either way, these two videos are an example of Clinton saying whatever benefits her most at the time.