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Hillary Clinton presidential campaign, 2016/Government regulations
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See what Hillary Clinton and the 2016 Democratic Party Platform {{Greener |
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Clinton on government regulations
- Commenting on the planned merger of AT&T and Time Warner in October 2016, Clinton spokesman Brian Fallon said, "In general, we think that marketplace competition is a good and healthy thing for consumers and so there’s a number of questions and concerns that arise in that vein about this announced deal but there’s still a lot of information that needs to come out before, before any conclusions should be reached. Certainly, [Clinton] thinks that regulators should scrutinize it closely.”[2]
- On December 9, 2015, Clinton said that, if elected president, she would use the regulatory authority of the U.S. Department of the Treasury to curb the number of corporate inversions if Congress did not act. “This is not only about fairness. This is about patriotism. If Congress won’t act, then I will ask the Treasury Department, when I’m there, to use its regulatory authority, if that’s what it takes,” she said during a campaign stop in Iowa. She also said she backs an “exit tax” that would penalize mergers between U.S. companies and foreign corporations structured to reduce their taxes, a move known as a tax inversion. The plan comes after New York-based drug company Pfizer announced in November announcement of a plan to merge Ireland-based Allergan. The move would enable Pfizer to reduce its tax rate from around 25 percent in 2015 to about 18 percent. Ireland's lower corporate tax rate would have saved Pfizer nearly $1 billion of the $3.1 billion in U.S. taxes it paid in 2014, according to the Associated Press.[3][4][5]
Republicans Want to Reverse Our Progress, released in November 12, 2015 |
- Clinton’s campaign released a video on November 12, 2015, attacking the Republican candidates for seeking to roll back President Obama’s policies, in a peek at how the Democratic frontrunner would contrast herself with the GOP in a general election, TIME reported.[6]
- On October 8, 2015, Clinton wrote an op-ed for Bloomberg detailing her proposals for Wall Street reform. Clinton recommended protecting the Dodd-Frank Act, eliminating the carried interest tax loophole, imposing a “risk fee” on banks with more than $50 billion in assets and enacting a “high-frequency trading” tax.[7][8]
- On August 31, 2015, Clinton co-wrote an op-ed in The Huffington Post with U.S. Sen. Tammy Baldwin (D-Wis.) promoting a new bill that would prohibit employers in the private sector from offering bonuses to departing employees who join the government.[9]
- In December 2005, Clinton introduced S 2126 - Family Entertainment Protection Act, which was intended to limit the exposure of children to violent video games.[10]
- Read what other presidential candidates have said about government regulations.
The 2016 Democratic Party Platform on government regulations | ||||||
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Recent news
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See also
Footnotes
- ↑ CNN, "Hillary Clinton launches second presidential bid," April 12, 2015
- ↑ CBS News, "Where do Hillary Clinton, Donald Trump stand on the AT&T-Time Warner merger?" October 24, 2016
- ↑ AP:The Big Story, "Clinton offers new 'exit tax' on US-foreign company mergers," December 7, 2015
- ↑ The Wall Street Journal, "Hillary Clinton Talks Tough on Executive Action," December 9, 2015
- ↑ The Hill, "Clinton floats executive action crackdown on corporations," December 9, 2015
- ↑ TIME, "First Look on TIME: How Hillary Clinton Is Targeting Republican Candidates," November 12, 2015
- ↑ Bloomberg, "My Plan to Prevent the Next Crash," October 8, 2015
- ↑ Business Insider, "Here's Hillary Clinton's plan to take on Wall Street," October 8, 2015
- ↑ The Huffington Post, "To Restore Trust in Government, Slow Wall Street's Revolving Door," August 31, 2015
- ↑ Congress.gov, "S.2126 - Family Entertainment Protection Act," accessed July 26, 2015
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Democratic Party, "The 2016 Democratic Party Platform," accessed August 23, 2016