Here is an executive summary of Hillary Clinton’s tax plan, endorsed and supported by Sen. Shaheen, Gov. Hassan and Rep. Kuster:
* $350 billion income tax increase with a 28 percent limit on itemized deductions
* $275 billion business tax increase
* $400 billion “Fairness Tax” increase including a fairshare surcharge on interest and capital gains as income and raising the death taxes.
* Tax on stock trading including 401(k), IRAs and savings accounts (money markets). These taxes on stocks affect many working people, including retired people.
In addition, the Obamacare Tax (if you do not buy health care insurance) will also increase. The Obamacare tax does not affect the rich.
Although Hillary Clinton continually talks about income equality, the Clinton Foundation male executives earn 38 percent more than women executives. Male executives are paid an average of $110,000 more.
What do you call a Democrat that believes in lowering taxes? I do not know because I have never heard or read of one.
Jim Mayotte
Sanbornton