[Guest post by DRJ]
Hillary Clinton thinks rich Americans don’t pay their share of taxes and the United States should be more like Brazil:
“Secretary of State Hillary Clinton made a rare foray into domestic politics today, offering her view that — given America’s high unemployment — wealthy Americans don’t pay enough taxes.
“The rich are not paying their fair share in any nation that is facing the kind of employment issues [America currently does] — whether it’s individual, corporate or whatever [form of] taxation forms,” Clinton told an audience at the Brookings Institute, where she was discussing the administration’s new National Security Strategy.
Clinton said the comment was her personal opinion. “I’m not speaking for the administration, so I’ll preface that with a very clear caveat,” she said.
Clinton went on to cite Brazil as a model.
“Brazil has the highest tax-to-GDP rate in the Western Hemisphere and guess what — they’re growing like crazy,” Clinton said. “And the rich are getting richer, but they’re pulling people out of poverty.”
Brazil is not a good model for
Ameridca America. With its expansive spending on social welfare programs and few funds for its decaying infrastructure, Brazil’s economic system is unsustainable.