Clinton takes jab at daughter and wall street

[general35]

The Link

"We also have to reward work more," Clinton told a small group of Ohio residents today. "and by that, I mean, I have people in New York working on Wall Street as investment managers, as hedge fund executives. Under the tax code, they can pay a lower percentage of their income in taxes on $50 million dollars, than a teacher, or a nurse, or a truck driver in Parma pays on $50,000. That's very discouraging to people."
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Actually, if we are talking salary income, that is a complete lie, but i wouldnt expect hillary to explain the tax code to her audience, why should she, she is a master at manipulation.

 

[TexonLongIsland]

To be fair, I'm not sure Chelsea has much "carried interest." Bill isn't talking about regular salary or a normal (very high) wall street/consulting bonus. No one gets around those confiscatory rates.

I would be curious to see if Bill and Hill paid up and beyond the 15% rate on their private equity "carried interest"