Hillary Clinton (Job and Business Policy)

Clinton's Jobs and Business Policy (section page):

Hillary believes the defining economic challenge of our time is raising incomes for hardworking Americans. Hillary understands that in order to raise incomes, we need strong growth, fair growth, and long-term growth (HC)

• Strong growth
  • Hillary will invest in infrastructure, clean energy, and scientific and medical research to create jobs and strengthen our economy. And she’ll provide tax relief to working families and small businesses. (HC)

• • Provide tax relief for families. (HC)

• • Unleash small business growth. She’s put forward a small-business agenda to expand access to capital, provide tax relief, cut red tape, and help small businesses bring their goods to new markets. (HC)

• • Create a New College Compact. Hillary’s New College Compact will invest $350 billion so that students do not have to borrow to pay tuition at a public college in their state. Her plan will also significantly cut interest rates on student loans and enable an estimated 25 million Americans with student debt to refinance at today’s lower rates, saving the typical borrower $2,000 over the life of their loans. (HC)

• • Boost public investment in infrastructure and scientific research. Hillary has called for a national infrastructure bank that would leverage public and private funds to invest in projects across the country. She will call for reform that closes corporate tax loopholes and drives investment here, in the U.S. And she would increase funding for scientific research at agencies like the National Institutes of Health and the National Science Foundation. (HC)

• • Lift up participation in the workforce—especially for women. Issues like equal pay, paid leave, and affordable child care are crucial to lifting incomes for working families. (HC)

• Fair growth
  • Ensure more workers share in near-record corporate profits. Corporate profits are near record highs—but workers have not shared through rising wages. Profit sharing is linked to higher pay, benefits, and productivity. That’s why Hillary’s plan creates a 15 percent tax credit for companies that share profits with workers on top of wages and pay increases. (HC)

• • Raising the minimum wage and strengthening overtime rules. Hillary has supported raising the federal minimum wage to $12, and believes that we should go further than the federal minimum through state and local efforts, and workers organizing and bargaining for higher wages, such as the Fight for 15 and recent efforts in Los Angeles and New York to raise their minimum wage to $15. She also supports the Obama administration’s expansion of overtime rules to millions more workers. (HC)

• • Reform our tax code so the wealthiest pay their fair share. Hillary supports ending the “carried interest” loophole, enacting the “Buffett Rule” that ensures no millionaire pays a lower effective tax rate than their secretary, and closing tax loopholes and expenditures that benefit the wealthiest taxpayers to pay for her plan to make college affordable and refinance student debt. (HC)

• • Expand early learning. Hillary’s proposal would work to ensure that every 4-year-old in America has access to high-quality preschool in the next 10 years. (HC)

• Long-term growth
  • Put an end to “quarterly capitalism.” We need an economy where companies plan for the long run and invest in their workers through increased wages and better training—leading to higher productivity, better service, and larger profits. Hillary will revamp the capital gains tax to reward farsighted investments that create jobs. She’ll address the rising influence of the kinds of so-called “activist” shareholders that focus on short-term profits at the expense of long-term growth, and she’ll reform executive compensation to better align the interests of executives with long-term value. (HC)

• • Impose accountability on Wall Street. Hillary will defend the Wall Street reforms put in place after the financial crisis—and she’ll go further. She’ll tackle dangerous risks in the financial sector and prosecute individuals and firms when they commit fraud or other criminal wrong-doing. (HC)