Clinton Proposes New Tax on the Very Wealthy

Hillary Clinton “proposed a 4 percent surtax on the highest-earning Americans, as she seeks to boost taxes for the wealthiest Americans,” Politico reports.

“The proposal, which she announced in Iowa, would raise an estimated $150 billion over a decade, a Clinton aide said, and comes after the Democratic front-runner said that she would build on the so-called Buffett Rule that seeks to ensure that the middle class doesn’t pay a higher tax rate than top earners.”