Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
2016 Postmortem
Related: About this forumHow to build a stronger economy and raise Americans' incomes
Here's Hillary's Plan to build a stronger economy and raise Americans' incomesHillary will:
Give working families a raise, and tax relief that helps them manage rising costs.
Create good-paying jobs and get pay rising by investing in infrastructure, clean energy, and scientific and medical research to strengthen our economy and growth.
Close corporate tax loopholes and make the most fortunate pay their fair share.
[font size="3"]Hillary believes the defining economic challenge of our time is raising incomes for hardworking Americans.[/font]
Too many families are working harder and harder, but still not getting ahead. Our country is standing again, but were not yet running the way we should be. From her first day in office to the last, Hillary Clinton will fight for you and for more take-home pay so you can get ahead and stay ahead.
Hillary understands that in order to raise incomes, we need strong growth, fair growth, and long-term growth. And she has a plan to get us there.
Strong growth
Hillary will invest in infrastructure, clean energy, and scientific and medical research to create jobs and strengthen our economy. And shell provide tax relief to working families and small businesses. Thats how well move toward a full employment economy that creates jobs, pushes businesses to compete over workers, and raises incomes.
Strong growth
Provide tax relief for families. Hillary will cut taxes for hard-working families to increase their take-home pay as they face rising costs from child care, health care, and sending their kids to college. She is calling for extending a tax cut of up to $2,500 per student to help deal with college costs as part of her New College Compact, and for cutting taxes for businesses that share profits with their employees.
Unleash small business growth. Hillarys father owned a small businessand she understands that small businesses are the backbone of jobs and growth in America. Shes put forward a small-business agenda to expand access to capital, provide tax relief, cut red tape, and help small businesses bring their goods to new markets.
Create a New College Compact. Hillarys New College Compact will invest $350 billion so that students do not have to borrow to pay tuition at a public college in their state. Her plan will also significantly cut interest rates on student loans and enable an estimated 25 million Americans with student debt to refinance at todays lower rates, saving the typical borrower $2,000 over the life of their loans.
Boost public investment in infrastructure and scientific research. One of the best ways to drive jobs and improve our nations competitiveness is to invest in infrastructure and scientific research. Hillary has called for a national infrastructure bank that would leverage public and private funds to invest in projects across the country. She will call for reform that closes corporate tax loopholes and drives investment here, in the U.S. And she would increase funding for scientific research at agencies like the National Institutes of Health and the National Science Foundation.
Lift up participation in the workforceespecially for women. For too long, issues like equal pay, paid leave, and affordable child care have been put off to the side as "women's issues." Hillary believes they are crucial to our competitiveness and growthand to lifting incomes for working families.
Fair growth
Inequality is a drag on our economy, and to get incomes rising again, we need to renew our countrys basic bargain. With near-record corporate profits and stagnant wages, the deck is stacked against working Americans. If you work hard, you deserve to get ahead and stay ahead.
fair growth 2
Ensure more workers share in near-record corporate profits. Corporate profits are near record highsbut workers have not shared through rising wages. Profit sharing is linked to higher pay, benefits, and productivity. Thats why Hillarys plan creates a 15 percent tax credit for companies that share profits with workers on top of wages and pay increases.
Raising the minimum wage and strengthening overtime rules. Hillary believes we are long overdue in raising the minimum wage. She has supported raising the federal minimum wage to $12, and believes that we should go further than the federal minimum through state and local efforts, and workers organizing and bargaining for higher wages, such as the Fight for 15 and recent efforts in Los Angeles and New York to raise their minimum wage to $15. She also supports the Obama administrations expansion of overtime rules to millions more workers.
Reform our tax code so the wealthiest pay their fair share. Hillary supports ending the carried interest loophole, enacting the Buffett Rule that ensures no millionaire pays a lower effective tax rate than their secretary, and closing tax loopholes and expenditures that benefit the wealthiest taxpayers to pay for her plan to make college affordable and refinance student debt.
Expand early learning. Hillarys proposal would work to ensure that every 4-year-old in America has access to high-quality preschool in the next 10 years.
Long-term growth
It's time to push back against the forces of "quarterly capitalism" and boom and bust cycles on Wall Street.
Long-term growth
Put an end to quarterly capitalism. We need an economy where companies plan for the long run and invest in their workers through increased wages and better trainingleading to higher productivity, better service, and larger profits. Hillary will revamp the capital gains tax to reward farsighted investments that create jobs. Shell address the rising influence of the kinds of so-called activist shareholders that focus on short-term profits at the expense of long-term growth, and shell reform executive compensation to better align the interests of executives with long-term value.
Impose accountability on Wall Street. Nowhere will the shift from short-term to long-term thinking be more important than on Wall Street. Hillary will defend the Wall Street reforms put in place after the financial crisisand shell go further. Shell tackle dangerous risks in the financial sector, and shell appoint and empower tough, independent regulators and prosecute individuals and firms when they commit fraud or other criminal wrong-doing.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
0 replies, 351 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (0)
ReplyReply to this post