Hillary’s Trust Issue

Economy,Ethics,Hillary Clinton,Politics,Taxation

            

Not content with acquiring wealth through the dishonest, predatory process of politics (to contrast with the honest, productive, economic means of earning a living)—Hillary Clinton and husband have protected their ill-gotten gains from the taxman through trusts. These are “common among multimillionaires, and help shield some of their estate from the [inheritance] tax that now tops out at 40 percent of assets upon death.” BloombergBusiness:

Among the tax advantages of such trusts is that any appreciation in the [asset’s] value can happen outside their taxable estate. The move could save the Clintons hundreds of thousands of dollars in estate taxes …

The height of Hillary’s hypocrisy, however, is that, while she “shields her own wealth from it,” she recommended, during her last campaign, that estate taxes be further raised on Americans who’ve managed to amass more than $3.5 million.

… Clinton supported making wealthier people pay more estate tax by capping the per-person exemption at $3.5 million and setting the top rate at 45 percent, a policy Obama still supports. Congress decided to go in the other direction and Obama went along as part of a broader compromise. The per-person exemption is now $5.34 million..

Clinton has referred to estate tax as a “wealth tax.”

To say that she has a trust issue is to minimize how repulsive these people truly are.