One Proposal Alone Would Give Trump Family $4 Billion Tax Break, Enough Money to Provide Broadband to Every Home Without Access, Send More Than 1 Million to Community College
OHIO–(ENEWSPF)–August 17, 2016. In Cleveland today, Hillary Clinton outlined the costs of Donald Trump’s proposals to give trillions of dollars in tax breaks to wealthy people like himself and his family, Wall Street and big corporations. Clinton specifically pointed to Trump’s plan to repeal the estate tax, which — if Trump is worth what he says he is, which cannot be confirmed because he has not released his tax returns — could give his own family a $4 billion tax break. She outlined what $4 billion of new investment in Ohio could provide, instead of a giveaway to the Trump family, including building hundreds of new schools or eliminating the student loan debt of more than 150,000 Ohioans.
Clinton also criticized the “Trump Loophole,” a provision Trump is proposing that would cut the tax rate of the wealthy like himself by more than a half on a substantial portion of their income so they would pay a lower rate than millions of working families.
Hillary for America is also revealing a new fact sheet which outlines what $4 billion could provide nationwide, including:
- Enrolling 890,000 four-year olds, who currently lack access, in publicly funded Pre-K;
- Providing a year’s worth of health care for 360,000 veterans;
- Providing free community college to 1.1 million students; or,
- Expanding broadband to every home that lacks access.
This is part of a coordinated effort, including in a number of critical general election battleground states, to call attention to how the tax breaks afforded to the wealthy in Trump’s plans would come at great cost to much-needed investments in infrastructure, education, health care, and other priorities.
You can read the full fact sheet here.
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