Hillary Clinton Proposes Tax Cuts for Profit-Sharing Firms

Democratic U.S. presidential candidate Hillary Clinton announced a new plan to give businesses two-year tax credits for sharing profits with workers at a New Hampshire campaign stop Thursday. "If you treat somebody like they have a stake in your business, they’re going to stand up a little straighter, they’re going to work a little harder," said Clinton, the front-runner for the Democratic nomination ahead of the presidential election in November 2016. If a firm provided a $5,000 profit-sharing payment to a worker earning $50,000 per year, for example, it would receive a $750 tax credit under the proposal.



wochit_political