Friday, May 28, 2010

Hillary Clinton: Rich Not Paying Enough Taxes, So Let's Become Brazil or Something

I know this much about economics

It's not enough we have to live with her disastrous foreign policy, but now the hapless Hillary Clinton has decided to take it upon herself to lecture the "rich" and tell them they're not paying enough in taxes. This from a woman so greedy she wrote off her husband's soiled underwear on her taxes and between her and Slick are worth over $100 million.
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.
These people just can't get enough of our money.

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