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Keyword: clintontaxplan

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  • Details and Analysis of Hillary Clinton’s Tax Proposals

    08/14/2016 2:49:05 PM PDT · by Ray76 · 12 replies
    Tax Foundation ^ | Jan 26, 2016 | Kyle Pomerleau, Michael Schuyler
    Key Findings: Hillary Clinton would enact a number of tax policies that would raise taxes on individual and business income.Hillary Clinton’s plan would raise tax revenue by $498 billion over the next decade on a static basis. However, the plan would end up collecting $191 billion over the next decade when accounting for decreased economic output in the long run.A majority of the revenue raised by Clinton’s plan would come from a cap on itemized deductions, the Buffett Rule, and a 4 percent surtax on taxpayers with incomes over $5 million.Clinton’s proposals to alter the long-term capital gains rate schedule...