![Hillary Clinton’s New Tax Plan Hikes Death Tax Rate To 65% [VIDEO]](https://victorygirlsblog.com/wp-content/uploads/2016/09/hillary-armani-dress-fb.jpg)
The first debate between Hillary Clinton and Donald Trump takes place on Monday. I’m sure Lester Holt will have a whole host of questions to ask the candidates. So I have a question for him. During the “achieving prosperity” section will you ask Hillary about her tax plan? Specifically will you ask her about why she thinks a 65% estate tax is something to cheer about?
Democratic presidential candidate Hillary Clinton would levy a 65% tax on the largest estates and make it harder for wealthy people to pass appreciated assets to their heirs without paying taxes, expanding the list of tax increases she would impose on the top sliver of America’s affluent.
No seriously folks, you read the above correctly. Hillary Clinton has adjusted her economic plan and its a doozy. According to Hillary, this plan would increase taxes in other words RAISE taxes by $1.5 trillion over the next 10 years, because FAIRNESS!!
Problem number 1. That massive tax hike will only increase federal revenues by 4%. Yes, that’s correct, 4%.
Problem number 2. This grandiose overreaching progressive plan now includes three new tax brackets courtesy of her new new best friend Bernie Sanders.
- 50% death tax on estates worth $10 million or more
- 55% death tax on estates worth $50 million or more
- 65% death tax on estates worth $500 million or more
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