Hillary Clinton Quotes
Our largest companies should not be able to get away with paying hardly anything at all. It is insulting when they engage in these games like moving their headquarters over to a foreign country, on paper, not in reality, just to take advantage of lower tax breaks.
Clinton, Hillary. "Remarks on the Economy." Warren, MI, 11 Aug. 2016.
Tax breaks and deductions had become so prolific and complex that most of the larger corporations paid not only a smaller percentage of taxes than many small businesses, but also paid a smaller amount.
The President was asked his opinion of his opponents proposal to roll back the large tax cuts that he had passed for wealthy people. Instead of commenting on the societal aspect of the question, he took it from the point of view of the rich.
Two decades later, in 2011, the fact that the very wealthy often paid tax at a much lower rate than the middle class and even some working poor became a major political issue.
This is the basis for the difference between tax evasion which is illegal and tax avoidance which is legal—made so by this Supreme Court decision.
Hillary Diane Rodham Clinton is an American politician, diplomat, lawyer, writer, and public speaker who served as the 67th United States secretary of state from 2009 to 2013, as a United States senator from New York from 2001 to 2009, and as First Lady of the United States from 1993 to 2001. Clinton became the first woman to be nominated for president of the United States by a major political party when she won the Democratic Party nomination in 2016. She was the first woman to win the popular vote in an American presidential election; however, she failed to win the Electoral College.
