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Hillary Clinton to Tout Profit Sharing As A Way To Reduce income Disparity
LA Times ^ | July 13, 2015 | Evan Halper

Posted on 07/13/2015 5:00:26 AM PDT by lbryce

Hillary Rodham Clinton will make corporate profit sharing a key piece of her economic agenda, proposing changes in the tax code that encourage companies to boost employee compensation when earnings are robust, according to excerpts of a major campaign address she will deliver Monday.

“We need new ideas,” says a section of the text shared by her campaign. “Hard-working Americans deserve to benefit from the record corporate earnings they helped produce."

Clinton's speech lauds profit sharing that gives workers a stake in the success of their employer as a way to “boost productivity and put money directly in employees' pockets."

The proposal is part of the Democratic presidential hopeful's overall plan to narrow the income gap between the richest Americans and middle- and low-wage earners. Clinton will unveil her plan for addressing it in a speech at the New School in New York.

(Excerpt) Read more at latimes.com ...


TOPICS: Extended News; Government; News/Current Events
KEYWORDS: 2016issues; cockamamie; hillary; hillary2016
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To: C210N

We do not need an untouchable class who is above the law. Hillary is an untouchable.


41 posted on 07/13/2015 6:16:12 AM PDT by The_Media_never_lie
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To: shotgun

Encouraging employers to do something is one thing. Libs don’t stop at “encouragement” though, and will follow thru with a “mandate.”

Hillary’s idea is useless and she knows it. It just sounds good to the liberal minions.


42 posted on 07/13/2015 6:21:10 AM PDT by austinaero
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To: lbryce

Umm.
Profit sharing isn’t a new idea...


43 posted on 07/13/2015 6:24:09 AM PDT by BlueNgold (May I suggest a very nice 1788 Article V with your supper...)
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To: austinaero

I totally agree. The gubmint needs to stay out of it


44 posted on 07/13/2015 6:29:50 AM PDT by shotgun
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To: lbryce

Wouldn’t this encourage higher executive salaries and higher bond interest to avoid having to pay higher employee salary?


45 posted on 07/13/2015 6:36:06 AM PDT by Raycpa
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To: C210N

Yea just like the Obama plan for GM.
Steal the stocks from the people who own them and give it to the unions


46 posted on 07/13/2015 6:39:08 AM PDT by South Dakota
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To: lbryce

If the employees invest in the company they work for then they deserve a share in the profits else they are mere employees. Corporate stock and bond holders won’t be willing to share with non investors.


47 posted on 07/13/2015 6:49:14 AM PDT by Captain Compassion
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To: lbryce

I thought the stock market was were profit sharing took place?


48 posted on 07/13/2015 6:58:57 AM PDT by TexasCajun (Hillary: Ethically Sleazy & Politically Stupid)
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To: TexasCajun

but a unionist believes labor deserves profits distinct from ownership.

actually, labor has no share of profits


49 posted on 07/13/2015 7:02:09 AM PDT by bert ((K.E.; N.P.; GOPc.;+12, 73, ..... No peace? then no peace!)
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To: lbryce

Great! So the Clinton foundation is going to share its profits and make its hard working employees rich!

There’s a new idea!


50 posted on 07/13/2015 7:10:05 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: bert

And Labor get it’s profits from it’s union members.


51 posted on 07/13/2015 7:16:23 AM PDT by TexasCajun (Hillary: Ethically Sleazy & Politically Stupid)
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To: ThunderSleeps

Anxiously awaiting her tome on risk-sharing.


52 posted on 07/13/2015 7:22:11 AM PDT by kitchen (The people on the left are enemies, not countrymen with different opinions.)
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To: lbryce

Enron.


53 posted on 07/13/2015 7:31:59 AM PDT by Rusty0604
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To: lbryce

You first, Hillary. Start with giving 40% of your earnings since 2000 to charity. Hello? Hello, Hillary?


54 posted on 07/13/2015 7:33:34 AM PDT by pabianice (LINE)
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To: lbryce

so hildebeast is all about sharing pie.... whoda thunk it


55 posted on 07/13/2015 7:44:30 AM PDT by tm61 (Election 2012: we find it IS possible, to polish a turd.)
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To: lbryce

This is anecdotal, I haven’t done a study. I have noticed that about 50% of the people that are offered participation in a 401K decline to sign up, leaving 5 - 10% that the company is willing to match sitting on the table.


56 posted on 07/13/2015 7:58:45 AM PDT by showme_the_Glory ((ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government))
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To: lbryce

She has an extensive history of risking nothing and sharing in the profits doesn’t she? I think her and Bill’s grand plan is to become the first trillionaires without actually working for it.


57 posted on 07/13/2015 7:58:47 AM PDT by free_life (If you ask Jesus to forgive you and to save you, He will.)
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To: C210N

The 80’s called. They want their Employee Stock Option plans back. How about bringing back Tuition Reimbursement?


58 posted on 07/13/2015 8:00:25 AM PDT by massgopguy (I owe everything to George Bailey)
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To: C210N

The 80’s called. They want their Employee Stock Option plans back. How about bringing back Tuition Reimbursement?


59 posted on 07/13/2015 8:00:45 AM PDT by massgopguy (I owe everything to George Bailey)
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To: silverleaf
Great! So the Clinton foundation is going to share its profits and make its hard working employees rich!

They don't have any profits to share, as they manage near the edge, covering their expenses. First class Travel, lobster/caviar/etc, penthouse suites, slush/hush funds.

60 posted on 07/13/2015 8:15:11 AM PDT by C210N (When people fear government there is tyranny; when government fears people there is liberty)
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