Three days after Donald Trump delivered his economic speech in Detroit, Hillary Clinton will be in the Motor City herself to deliver her own speech on the economy.
In her remarks, the Democratic presidential nominee is not expected to roll out any new policies, instead focusing predominately on her opponent’s plan, which, according to an aide, she will cast as “wildly unrealistic” and self-serving.
“She will make the case that with her plan, the middle class wins, while Trump’s plan is a win for himself and his millionaire and billionaire allies, friends and family,” the aide said about Clinton’s speech, scheduled at the tool and engineering company, Futuramic.
Clinton, meanwhile, will contrast Trump’s economic plan with elements of her own plan that she has released throughout the campaign. These include a $275 billion investment in infrastructure to create jobs, tuition-free college for families making less than $125,000 a year, and a tax increase on the wealthy. (Clinton has pledged not to raise taxes on people making $250,000 or less a year.)
Speaking at the Detroit Economic Club on Monday, Trump, the Republican presidential nominee, called his economic plan "the biggest tax reform since [Ronald] Reagan" and called for tax-exempt child care expenses, four income tax brackets instead of his previous call for three, and abolishing the estate tax, which critics call the death tax.
“It will present a night-and-day contrast to the job-killing, tax-raising, poverty-inducing Obama-Clinton agenda,” Trump said during his speech on Monday.
Clinton -- who earlier this week said Trump is simply trying to "repackage trickle-down economics" -- is today expected to specifically target a provision in Trump’s tax plan that could deliver a tax cut to large corporations.
Clinton, according to an aide, will coin this provision the “Trump Loophole” and say that it’s simply a way for him to allow his own companies and business ventures to pay less taxes.
While criticizing Trump’s tax plan, Clinton is also likely to taunt the real-estate mogul for not releasing his tax returns. Releasing tax returns has become a common practice among presidential candidates. A source close to Clinton said today that the Democratic nominee will release her 2015 tax returns as early as this week. Trump has refused to release his tax returns because he said they are being audited.
from ABC News: Politics http://ift.tt/2bjMtlb
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