A Quote by Hillary Clinton
Most of the gains in the last years since the Great Recession have gone to the very top. So we are going to have the wealthy pay their fair share. We're going to have corporations make a contribution greater than they are now to America.
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When I talk about how we're going to pay for education, how we're going to invest in infrastructure, how we're going to get the cost of prescription drugs down, and a lot of the other issues that people talk to me about all the time, I've made it very clear we are going where the money is. We are going to ask the wealthy and corporations to pay their fair share.
It does not help the vast majority of Americans, but it does really well for people already at the top. Well, we're going to turn that upside down. We're going to make the wealthy pay their fair share in taxes for a change.
Anyone who has followed the U.S. economy in recent years can tell you while corporate America and their wealthy executives have recovered from the last recession, middle-class families have not. About 95 percent of income gains between 2009 and 2012 went to the top one percent.
I think it's been unfortunate, but it's happened, that since the Great Recession, the gains have all gone to the top. And we need to reverse that.
Now, the president would like to do tax reform, which would obviously lower rates for most people in America and make the tax code fair and get rid of loopholes and special treatment. But absent tax reform, the president believes the right way to get our fiscal house in order is ask the wealthy to pay their fair share.
We need real tax reform which makes the rich and profitable corporations begin to pay their fair share of taxes. We need a tax system which is fair and progressive. Children should not go hungry in this country while profitable corporations and the wealthy avoid their tax responsibilities by stashing their money in the Cayman Islands.
I hope people understand that when you tax corporations that the concrete and the steel and the plastic don't pay. People pay. And so when you tax corporations, either the employees are going to pay or the shareholders are going to pay or the customers are going to pay. And so corporations are people.
There are other people, other economies, governments, cultures, religions, and destinies going on at the same time as yours. You have to widen the scope of your lens and start seeing more. Because Americans, it's easy to make us freak out. When the going gets rough, you have to get conservative. That's what's happened to America in the last eight years. I just try to point out that there's more going on than most people pay attention to.
So what I have said with regard to Boeing and GE and other multinationals that pay zero taxes, you know what we're going to do? We're going to end that loophole. They are going to pay their fair share of taxes.
'I haven't used the veto pen very often since I've been in office,' Obama told NPR. 'Now, I suspect there are going to be some times where I've got to pull that pen out. And I'm going to defend gains that we've made in healthcare; I'm going to defend gains that we've made on the environment and clean air and clean water.'
Cutting taxes even more on the wealthy and corporations, that's not going to help anybody except the wealthy and corporations.
Our platform calls for a balanced deficit reduction plan where the wealthy pay their fair share. And when your country is in a costly war, with our soldiers sacrificing abroad and our nation facing a debt crisis at home, being asked to pay your fair share isn't class warfare - it's patriotism.
I think it's time that the wealthy and corporations paid their fair share to support this country.
The rich people are apparently leaving America. They're giving up their citizenship. These great lovers of America who made their money in this country-when you ask them to pay their fair share of taxes they run abroad. We have 19-year old kids who lost their lives in Iraq and Afghanistan defending this country. They went abroad. Not to escape taxes. They're working class kids who died in wars and now billionaires want to run abroad to avoid paying their fair share of taxes. What patriotism! What love of country!
Friends, I'm angry about what's happening in politics today! Why is it wrong to ask the wealthiest people and most profitable corporations to pay their fair share?
Women who make a house a home make a far greater contribution to society than those who command large armies or stand at the head of impressive corporations.
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