Tales from the Trail
Hillary Clinton has held her first Facebook q and a. It seemed to go well.
Of more than 2,000 questions, the former Secretary of State answered nearly a dozen queries with a promise to defend the Dodd-Frank Act regulating financial reform, a critique on interest rates on student loans and a mention of her love for an Arkansas street.
Hillary Clinton has a plan to foster longterm growth by overhauling capital gains taxes and taxing some short-term investments at higher rates. Details of the plan have yet to be finalized, but her proposal would raise the maximum tax rate on capital gains made on assets held at least a year but no more than perhaps two or three years, currently 23.8 percent, to at least the 28 percent proposed by President Barack Obama.
Whatever you wanted to know about the candidates’ finances, this was the week for it. White House hopefuls filed thousands of pages with the Federal Election Commission detailing the money behind their campaigns–and providing some interesting tidbits into strategy, spending and personal income.