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Hillary: Rich Aren’t Paying Enough Taxes

From New York Times:

(Her musing on taxes begins at 57:00 into the clip.)

Clinton Muses About Taxing the Rich


May 27, 2010

Candidates know that talking about raising taxes is an invitation to all kinds of political trouble.

But the Secretary of State operates by different rules. Perhaps liberated by the fact that she doesn’t play a role any more in taxation debates, Hillary Rodham Clinton leaped right into the fray on Thursday afternoon during a discussion at the Brookings Institution about President Obama’s National Security Strategy.

Or perhaps Mrs. Clinton was liberated by thinking that she was among friends at the very liberal Brookings Institute, and she believed she could let her (greasy) hair down.

She began by talking about innovation, and how it was central to both American recovery and competitiveness with rising powers like China. But soon she took herself to what she called “one of the biggest international problems we have,’’ and, pausing, added this perhaps important caveat: “This is my opinion, I’m not speaking for the administration.’’

“The rich are not paying their fair share in any nation that is facing the kind of employment issues’’ that confront the United States and other nations, “whether it is individual, corporate, whatever the taxation forms are.”

You see? More money has to be taken out of the private sector, where it provides capital for startup companies and for business expansion, and given to the government, where it allows more government workers to be hired and more people to be paid for not working at all.

Then she offered up an example. “Brazil has the highest tax-to-G.D.P. rate in the Western hemisphere. And guess what? It’s growing like crazy. The rich are getting richer, but they are pulling people out of poverty. There is a certain formula there that used to work for us until we abandoned it — to our regret, in my opinion. My view is that you have to get many countries to increase their public revenues.”

Brazil has the second biggest industrial sector in the Western Hemisphere. Its industries range from automobiles, steel and petrochemicals to computers, and aircraft, and consumer durables.

Multinational firms have moved there because Brazil is much more ‘business friendly’ than other countries, such as the United States. They have a 44 hour work week. And, of course, they far lower wages than in the US. They don’t seem to have too many environmental restrictions.

By the way, Brazil’s largest (non-foreign owned) company is Petrobras, an oil company. And, speaking of oil, thanks to support from George Soros and the US government, Brazil is also one of the foremost pioneers in the fields of deep water oil research from where 73% of its reserves are extracted.

Even with all of these advantages, Brazil’s unemployment rate for April was 7.3%. (Down from 7.6% in March.) Which is the lowest it has been since 2001. Lest we forget, the US unemployment rate, except for the last year and a half, has been far lower than Brazil’s over the last ten years.

Meanwhile, on the subject of taxes, Brazil’s individual income tax rates for 2010 are from 7.5% to 27.5%. By comparison, the individual tax rate in the US is from 15% to 35%.

Also, the US has the second highest corporate tax rate, with Japan barely edging it out for the the top honor. Brazil’s corporate tax rate is 34%. The US corporate tax rate is 35%, in addition state taxes. So the US has both higher individual and higher corporate taxes.

But Brazil also has a VAT tax of 17-25%. Perhaps this is what Mrs. Clinton is dreaming about for the United States, as is her boss.

Never mind that this is the same Hillary Clinton who once deducted her family’s used underwear on her income tax returns.

Still, if she and her husband had ever had to work for their money, instead of getting rich through kickbacks thinly disguised as ‘cattle futures,’ and land swindles like ‘Whitewater’ and donations from foreign potentates, they might have a different attitude about taxes.

Or not. Since the Clintons have gone out of their way to avoid paying ‘their fair share’ in taxes over the years.

For, lest we forget, the Clintons established a “family charity,” the Clinton Family Foundation, which, according the Washington Post, has allowed them to write off many millions of dollars from their taxable income since 2001.

A tax dodge they kept secret for five years. And a tax dodge they apparently still use.

This article was posted by Steve on Friday, May 28th, 2010. Comments are currently closed.

19 Responses to “Hillary: Rich Aren’t Paying Enough Taxes”

  1. retire05 says:

    Lest we not forget; Hillary’s thesis was on Saul Alinsky and they remained friends until the very end, when he died. And considering her background, it is no surprise that she still would cling to the old ways, the ways of the Marxist Alinsky, a true believer in the redistribution of wealth. Hillary, and her boss, still believe that you can lift one man up by dragging another man down, if only through taxation. The concept that the Founders had, that government should only be there to allow a man to reach his highest potential, and then stay the hell out of the way, is not one that she, or her boss, agree with. “Social”, not judicial, justice must prevail.

    But it is all smoke and mirrors as it has been with any administration that touts gouging the rich to allow the poor to lay on their butts. FDR did the same, yet it was a Democratic Congress that wrote all the tax loop holes so that the rich, under FDR, really did not get hit as hard as the unknowing general public thought they did. But hey, it looks good to the guy who is out of a job and sees no hope of getting one anytime in the future. The extra $50K/yr that they want to tax the rich? Well, nevermind that it could have paid the salary of the guy that has lost hope.

    For almost 100 years the Democrats have been trying to portray the rich as Scroog McDucks who hoard their money in some room just to play with it and laugh at the “little” guy. But smart Scroog McDucks don’t let their money sit idle, they create with it, and that creation (business) provides jobs. Idle money doesn’t make money.

    And who are all these poor that the left is always yapping about? Are they the people living in public housing, getting food stamps, receiving TANF, subsidized utilities and free cell phones the poor? If they are poor, then how do they afford cigarettes, beer, and can buy lottery tickets at the 7-11 every Wednesday night? Why do they live better than our grandparents ever dreamed of if they are so poor?

    It is because the government doesn’t count “in kind” contributions from the taxpayers that provide for someone’s every need, including Medicare/Medicaid that the person never paid into.

    We have become a nation that punishes ambition and a desire to increase personal wealth and rewards apathy. And the result was on great display in New Orleans during Katrina, as we watched Americans who had lost the ability to be responsibile for themselves.

    It would never occur to Hillary, or her boss, that the answer is not higher taxation on the very job creators of the nation; it is reduced spending on the thousands of “bridges to nowhere” that our government seems hooked on like crack-cocaine addicts.

  2. David says:

    Not to mention Brazil’s Flavelas! 19% of the population of Rio lives in Flavelas where drug gangs rule and police have ZERO authority. I sure hope this isn’t Hillary’s ideal goal for us. I heard a missionary share a story, he saw of a young boy who was burned alive in a stack of tires for suspicion of snitching to the police in one of these Flavelas. I suggest Hillary go visit the desperate poverty and shocking hopelessness of these areas before suggesting that American “poverty” is being ignored.

  3. confucius says:

    The witch must be planning another run for the White House.

  4. mr_bill says:

    Hillary isn’t paying her own share of the debts she owes. It was just a few short weeks ago that BJ Clinton prostituted auctioned an evening with himself in an effort to help raise some of the $771000 owed to Penn and Schoen (a top Democrap polling firm). The Clintons have owed this sum since 2008 and have still not made good, despite all the millions the Saudi royal family have funneled donated to Clinton foundations.

    link to Clinton “auction” http://www.huffingtonpost.com/2010/05/11/win-a-day-with-bill-clint_n_572025.html

    How about the Clinton’s Secret Service detail. When BJ left the Oral Office, they bought a house with a monthly mortgage of $20k. Conveniently, they rented a small portion of the property to the Secret Service for the former President’s security detail. Of course, the monthly rent charged to the Secret Service…you guessed it $20k. The taxpayers paid the Clinton’s mortgage.

    When she starts paying her own debts, she can talk about what other people are doing with their taxes. I’d like to send that awful broad a cabbage, cheese, and beer fart in a bag.

    • confucius says:

      I wonder if Hillary is still stiffing waitresses–a.k.a. the “little people.”

  5. Petronius says:

    1) “We’re going to take things away from you on behalf of the common good.” Hillary R. Clinton 6/29/2004.

    2) “I think it’s time to send a clear message to what has become the most profitable sector in (the) entire economy that they are being watched.” Hillary R. Clinton 9/2/2005.

    3) “It’s time for a new beginning, to an end to government of the few, by the few, and for the few . . . and to replace it with shared responsibility for shared prosperity.” Hillary R. Clinton 5/29/2007.

    4) “(We) . . . can’t just let business as usual go on, and that means something has to be taken away from some people.” Hillary R. Clinton 6/4/2007.

    5) “We have to build a political consensus and that requires people to give up a little bit of their own . . . in order to create this common ground.” Hillary R. Clinton 6/4/2007.

    6) “I certainly think the free-market has failed.” Hillary R. Clinton 6/4/2007.

    7) “The rich are not paying their fair share . . . .” Hillary R. Clinton 5/27/2010.

    Hillary is nothing if not tedious.

  6. GetBackJack says:

    The great American shell game began with the quietly catastrophic revolution of a Federal Reserve, orchestrated by those scion Northeastern families deeply involved in the ‘China Trade’. The shell game was to replace Trusts (sui-generis) with corporations (granted by the State) and non-profit foundations (granted by the State). Bury dynastic wealth in layers of NP Foundations and then lecture us poor taxpayers on the evils of profit. How did this happen?



    The ideology of American foundations was created by the Tavistock Institute of Human Relations in London. In 1921, the Duke of Bedford, Marquess of Tavistock, the 11th Duke, gave a building to the Institute to study the effect of shellshock on British soldiers who survived World War I. Its purpose was to establish the “breaking point” of men under stress, under the direction of the British Army Bureau of Psychological Warfare, commanded by Sir John Rawlings-Reese.

    Tavistock Institute is headquartered in London. Its prophet, Sigmond Freud, settled in Maresfield Gardens when he moved to England. He was given a mansion by Princess Bonaparte. Tavistock’s pioneer work in behavioral science along Freudian lines of “controlling” humans established it as the world center of foundation ideology. Its network now extends from the University of Sussex to the U.S. through the Stanford Research Institute, Esalen, MIT, Hudson Institute, Heritage Foundation, Center of Strategic and International Studies at Georgetown, where State Dept. personal are trained, US Air Force Intelligence, and the Rand and Mitre corporations. The personnel of the corporations are required to undergo ‘training’ at one or more of these Tavistock controlled institutions. A network of secret groups, the Mont Pelerin Society, Trilateral Commission, Ditchley Foundation, and the Club of Rome is conduit for instructions to the Tavistock network.

    Tavistock Institute developed the mass brain-washing techniques which were first used experimentally on American prisoners of war in Korea. Its experiments in crowd control methods have been widely used on the American public, a surreptitious but nevertheless outrageous assault on human freedom by modifying individual behavior through topical psychology. A German refugee, Kurt Lewin, became director of Tavistock in 1932. He came to the U.S. in 1933 as a “refugee”, the first of many infiltrators, and set up the Harvard Psychology Clinic, which originated the propaganda campaign to turn the American public against Germany and involve us in World War II. In 1938, Roosevelt executed a secret agreement with Churchill which in effect ceded U.S. sovereignty to England, because it agreed to let Special Operations Executive control U.S. policies. To implement this agreement, Roosevelt sent General Donovan to London for ‘training’ before setting up OSS (now the CIA) under the aegis of SOE-SIS. The entire OSS program, as well as the CIA has always worked on guidelines set up by the Tavistock Institute.

    Tavistock Institute originated the mass civilian bombing raids carried out by Roosevelt and Churchill purely as a clinical experiment in mass terror, keeping records of the results as they watched the “guinea pigs” reacting under “controlled laboratory conditions”. All Tavistock and American foundation techniques have a single goal—to break down the psychological strength of the individual and render him helpless to oppose the dictators of the World Order. Any technique which helps to break down the family unit, and family inculcated principles of religion, honor, patriotism and sexual behavior, is used by the Tavistock scientists as weapons of crowd control. The methods of Freudian psychotherapy induce permanent mental illness in those who undergo this treatment by destabilizing their character. The victim is then advised to “establish new rituals of personal interaction”, that is, to indulge in brief sexual encounters which actually set the participants adrift with no stable personal relationships in their lives, destroying their ability to establish or maintain a family.

    -end snip-

  7. BannedbytheTaliban says:

    What do you suppose Hillary believes the rich’s fair share to be?

    From CATO:

    The upper 1% of earners represent 19% of the wealth but pay 37% of the taxes. The upper 10% bear 68% of the tax burden. Meanwhile the lower 50%, i.e. Obama voters, represent just 3% of the tax burden.

    Yes Mrs. Clinton, the rich aren’t paying their fair share. They are paying 200-300% MORE than their fair share.


  8. wardmama4 says:

    And don’t forget that the Clintons (like the Kennedys, the Kerrys & of course John Edwards) has a Foundation – The Clinton Family Foundation – that they use to avoid paying taxes.

    Always said – Always will say – The only FAIR tax is a Flat tax – whether you make a $1,000.00 or $100,000, 000.00 a year – the same rate – no loopholes, no deductions, no dozens of forms, no thousands of pages of IRS regulations and of course no thousands of IRS bureaucrats who have golden parachute retirements and of course healthcare benefits.

    And if America had no withholding – and all of a sudden on April 15th you had to write the check – and see the real amount you pay to these liars, cheats and scammers – More people would be on a REPEAL the 16th Amendment kick.

    It would save us a lot of grief, a lot of money – and we’d see:
    1) Who in our Government are really there for ‘Public Service’
    2) Who among the Illegals are really here to ‘make a better life’
    3) How much the graduation percentages/literacy rates would increase – once ‘Public” schools went back to being run by the communities and the parents.
    4) How many lawyers would leave Congress to actually use their law degrees (or what the percentage drop would be in students pursing a JD – once students knew that they couldn’t get a JD and then scam off the taxpayer for the rest of their lives)

    In the immortal words of a Great Statesman – Mrs Clinton – YOU LIE

  9. joeblough says:

    Hillary: Rich Aren’t Paying Enough Taxes

    What an original idea!

    We’re so lucky to have these advanced original thinkers in DC.

  10. BigOil says:

    It takes a village of thieves to confiscate the wealth from the producers.

  11. Mithrandir says:

    I assume there are rich liberals somewhere in America? How is this possible? Being liberal AND rich?

    Why aren’t liberals practicing what they preach, and spread it around? When they live the life they dream of for others, I will by more likely to believe them, for one thing, and follow suit, if it works.

  12. joeblough says:

    We should simply take a page out of the liberal playbook.

    Catch all the rich liberals and nationalize everything they own.

    The money ought to be enough to cover the legal expenses of jailing all their political buddies for 20 years or so.

    After that, the savings on all the crap they won’t be able do are gravy.

  13. canary says:

    Hilary is projecting her own guilt spending a fortune on a wedding for a marriage that has 50% of lasting.

  14. Liberals Demise says:

    Hillary has more balls than most of the men she arm wrestles.

  15. canary says:

    Hillary-Foster gate was greed worth murdering for. Bill had to have most expensive post-presidential office.
    Looks like the Clinton’s money in Haiti is safe.
    New super-sized pearl choker necklace with matching earrings.

  16. tranquil.night says:

    Ex ACORN organizer Anita MonCrief has a great blog today chronicling much of the platform and cogs of our President’s only true “job” provider. “Stealth Socialism” as it is explained, confirming the already clear picture we should all have by this point, is about using people to get power. Then using that power to punish the successful and take their property. Nothing else. They don’t even really want to redistribute it, that’s just sweet talk for their pawns. They just want it for themselves.

    I wonder if at lunch the other day Barry asked Bill if Hilldog would make this pitch as another favor to him, because as we all know and he admits, he can’t pitch. When liberals start letting it slip publicly that it’s time to raise taxes on the rich, that’s code for “time for phase 2” or whatever gear we’re shifting into now. And yes, we’re definitely out of money. Man, Barry must really be hearing it from the SEIU over what Chris Christie’s doing.

    Anyway, nothing surprising but MonCrief’s report is a great read. This was humorous too, if accurate: “Stealth socialism allowed ACORN to set the stage for Obama’s “regime” as they called it internally.”

    Oddly, someone’s voice comes to mind about “living rent-free in the left’s heads.”

  17. Tater Salad says:

    Subject: Fw: Definition of Socialism

    Buy now and pay later scheme of Obama:


    “Socialism is a system where the government directly owns and manages businesses. Corporatism is a system where businesses are nominally in private hands, but are in fact controlled by the government. In a corporatist state, government officials often act in collusion with their favored business interests to design policies that give those interests a monopoly position, to the detriment of both competitors and consumers.”

    Even a liberal should be able to understand this video on “The Bankrupting of America”:


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