Hillary Clinton: Rich 'Not Paying Their Fair Share' in Taxes ("Brazil should be our example")

Fox News ^ | 05/28/2010

[SeekAndFind]

The rich are not being taxed enough and the economy is suffering for it, Secretary of State Hillary Clinton said Thursday.

The former first lady broached the subject during a national security discussion at the Brookings Institution. She lamented that the United States has lowered taxes on the wealthy and said nations around the world need to "increase their public revenue collections" to spur investment.

"The rich are not paying their fair share in any nation that is facing the kind of employment issues (the United States is), whether it's individual, corporate, whatever the taxation forms are," she said.

Clinton pointed to Brazil's high taxation as an example that other countries should strive toward.

"Brazil has the highest tax-to-GDP rate in the Western Hemisphere and guess what -- it's growing like crazy. And the rich are getting richer, but they're pulling people out of poverty," she said. "There is a certain formula there that used to work for us until we abandoned it, to our regret in my opinion."

Clinton cautioned that she was not speaking for the Obama administration as a whole.

[clee1]

Is EVERYONE in the entire Demoncrap Party STARK, STARING insane????

[jersey117]

This is why I can’t understand why some people on the right think hillary would have been better than obama. They both support the same leftist policies.

[SeekAndFind]

This is why I can’t understand why some people on the right think hillary would have been better than obama

Let's not use the word "better". Let's use the word "less disastrous". People on the right were hoping that some of Bill's practicality and inclination to listen to advisers like Dick Morris ( e.g., giving up part of his agenda to the GOP Congress, like Welfare reform and cutting capital gains tax ) would have rubbed off Hillary a little.

Between two Democrats, the choice really is between the lesser of two evils.

[clee1]

A house divided against itself cannot long stand.

Time to throw all the damn liberals in the Marianas Trench.

[opentalk]

This is why I can’t understand why some people on the right think hillary would have been better than obama. They both support the same leftist policies.

Hillary is an Alinskyite and globalist
This administration is full of Clinton admin. people.

[Vaduz]

And the democrats will install a lot more taxes in 1/2011.

[MrB]

Conclusions often appear to be insane to someone else with a different worldview because those “insane” conclusions are based on a completely different premise or worldview.

Theirs happens to be WRONG, and based on infernal deceptions, but their conclusions are completely “sane” when you start from the same basis.

[farmguy]

This, from the former first lady of Arkansas, who once donated Slick’s uses boxers to charity, claiming 50 cents a pair as fair market value on their tax return

Make that $2 a pair.

[monocle]

Hillary, be my guest. There isn’t any law prohibiting you from donating $100 million to the US Treasury.

[Labyrinthos]

The highest marginal income tax rate in Brazil is 27.5%, capital gains are taxed at 15%, dividends from domestic corporations are tax free. The corporate tax rate is 24% to 34%, depending on the surcharges.

[SeekAndFind]

There isn’t any law prohibiting you from donating $100 million to the US Treasury.

to Shrillary, voluntary donations don't count. It has to be forcibly taken under threat of fines or jail for it to count as "PAYING" your fair share.

[SeekAndFind]

The highest marginal income tax rate in Brazil is 27.5%, capital gains are taxed at 15%, dividends from domestic corporations are tax free. The corporate tax rate is 24% to 34%, depending on the surcharges.

Looks like these folks are taxed at a lower rate than us in our once great country. I don't think Hillary is refering to these tax rates though...

[marron]

So, low tax rates, and energy independence.

Maybe she’s on to something.

[SeekAndFind]

Maybe she’s on to something.

Someone ought to confront her with these facts and make her spill out EXACTLY what she means when she refers to Brazil.

[Buckeye McFrog]

need to “increase their public revenue collections” to spur investment.

the same “Invest in America” cr@p her husband’s administration was out there trying to sell

[karnage]

I agree. Brazil should be our model. Down there, the tax rates are sky-high, but NO ONE PAYS THEIR TAXES.

[mjp]

nations around the world need to "increase their public revenue collections"

and who cares about pesky issues of violations of natural rights to liberty, property, and pursuit of happiness.

[LottieDah]

“Is EVERYONE in the entire Demoncrap Party STARK, STARING insane????”

In a word— YES!

[Yardstick]

Great pic! I can just hear him say that.

[LottieDah]

“...Brazil may look good to Hillary, but there are huge shanty towns in the major cities where thousands still live in squalor.”

If those shanty towns were here in the USA, many of the inhabitants of said shanty town would still be voiting for Democrats.