Tags: Trump Administration | Democrats 2016 | Hillary Clinton | Grover Norquist | Clinton | Seeking | Trillions

Grover Norquist: Clinton Seeking Trillion Dollar Tax Increase

Image: Grover Norquist: Clinton Seeking Trillion Dollar Tax Increase
(AP)

By    |   Monday, 16 May 2016 08:18 AM

Hillary Clinton "wants to raise taxes by a trillion dollars over the next decade," and rather than raising taxes just on the wealthy, "everybody's fair game," Grover Norquist, the founder and president of Americans for Tax Reform, warned Monday morning.

"She's told us she likes taxes on [soda] pop, which was on the ballot in Philadelphia and she endorsed that," Norquist told the "Mornings with Maria" program on the Fox Business Network Monday.

"She was [endorsing] a wage tax on all Americans' wages . . . She's raising taxes on middle income people and everyone. Of course she voted for and supported Obamacare, which has seven taxes which target the middle class."

GOP challenger Donald Trump, though, has called for a maximum 15 percent corporate tax for businesses of all sizes, which Norquist said would "supercharge the economy."

"[President Barack] Obama kept it at 35 percent," Norquist said. "European averages 25 [percent] . . . that ends. No more inversions. It would be tremendous for growth."

He said that Trump's other proposed tax rates for individuals, ranging from zero to 25 percent are a very "strong pro-growth" side of Trump's policy.

Norquist said his organization has outlined Clinton's tax plan in a "readable form" online at hightaxhillary.com, including her plans for six different rates for capital gains taxes.

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Hillary Clinton "wants to raise taxes by a trillion dollars over the next decade," and rather than raising taxes just on the wealthy, "everybody's fair game," Grover Norquist, the founder and president of Americans for Tax Reform, warned Monday morning.
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2016-18-16
Monday, 16 May 2016 08:18 AM
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