To the editor:
Hillary Clinton’s recently announced economic plan touched many bases, from increasing middle-class incomes and making college more affordable to expanding childcare and combatting terrorism. But Hillary knows that the key to growth going forward is jobs and she has outlined a detailed “100-day job plan.” It provides for an investment of more than $27 billion annually for the most far-reaching infrastructure plan since World War II while expanded public transit makes those good-paying jobs more readily available to more Americans. In addition, she calls for a tax credit for companies offering profit-sharing plans and a $12 minimum wage, which will boost incomes all across the income spectrum. She’ll also promote jobs with an innovative “exit tax” to discourage companies from moving offshore.
Donald Trump also promises an infrastructure plan, but, according to The New York Times editorial board’s analysis, “the multi-trillion-dollar income tax cuts for corporations and the wealthy in his plan would preclude such investments.” Trump’s plan for repeal of the estate tax, says the Times, would help just a handful of taxpayers – including him – at a cost of “hundreds of billions of dollars of revenue.” In an independent comparison, Hillary’s jobs plan is projected to create more than 10 million jobs while Trump’s policy would cost the economy 3.5 million jobs. Hillary Clinton’s plan, says the Times, “…is a good one. It is largely paid for and in contrast to Trump’s plan, which has few details, it is specific enough that the everyday Americans she has pledged to help can actually hold her accountable for what she has promised.”
And in my view, she’s the only candidate with the smarts to create the plan and the grit to push it through. It’s yours to examine at www.hillaryclinton.com.
George Duncan
Peterborough