This article is from the source 'nytimes' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.nytimes.com/2016/08/12/us/politics/hillary-clinton-economy-speech-donald-trump.html

The article has changed 11 times. There is an RSS feed of changes available.

Version 0 Version 1
Hillary Clinton to Attack Donald Trump on Tax Plan in Michigan Speech Hillary Clinton to Attack Donald Trump on Tax Plan in Michigan Speech
(about 4 hours later)
DETROIT — Hillary Clinton has criticized Donald J. Trump for his recent comments about the parents of a slain soldier, and she has accused him of inciting violence when he brought up gun rights at a rally on Tuesday. What she has not had many chances to do is to attack her opponent on policy. DETROIT — In her first full-throttled rejection of Donald J. Trump’s economic policies, Hillary Clinton is expected to sharply criticize her opponent for advancing policies that would lift the ultra wealthy and cast middle-class and working Americans further into financial distress.
On Thursday, Mrs. Clinton will get her chance. Presenting a contrast between two starkly different economic visions during a major economic speech in Detroit, Mrs. Clinton plans to call parts of Mr. Trump’s tax plan his “Friends and Family” discount to benefit his ultra-wealthy peers and relatives. Faulting Mr. Trump for promising deep tax cuts for the wealthy and a gentler approach to financial regulation, she is expected to portray his proposals as reflective of traditional Republican thinking that would exacerbate the gap between rich and poor.
In a speech billed as a discussion of how she “plans to help working families,” and held in the Detroit area where days earlier Mr. Trump presented his economic platform, Mrs. Clinton plans to eviscerate her Republican rival over policies that she said would favor the super wealthy and hurt average Americans. A Clinton campaign official who previewed the remarks, to be delivered on Thursday afternoon, summed it up as follows: “Which candidate will stand up for working families and the middle class and actually deliver results, and which one has a plan that only benefits millionaires like himself?”
At a rally in Des Moines on Wednesday afternoon, Mrs. Clinton gave a preview of her remarks. She called Mr. Trump’s tax plan “trickle-down economics” that would dole out “big giveaways for those at the top at the expense of everyone else.” But for all of Mrs. Clinton’s efforts, Mr. Trump remains a difficult opponent to critique in traditional terms. Although some of his policies, which he presented in Detroit on Monday in his most expansive economic speech, align with those of Congressional Republicans, others, like his promise to rip up global trade agreements, break with Republican orthodoxy.
In a new attack, Mrs. Clinton will call Mr. Trump’s plan to reduce corporate taxes the “Trump loophole” and will accuse him of creating policies that help his business and others like it. Mrs. Clinton, meanwhile, has had to work to convince voters in Michigan and other Rust Belt states that she no longer supports trade deals, including the North American Free Trade Agreement, which her husband signed into law, and the Trans Pacific Partnership, which she supported as secretary of state.
Until his speech on Monday, Mr. Trump’s economic plans had been somewhat murky, but his general vow to bring back American jobs and abandon existing global trade deals has resonated with some Rust Belt voters. Senator Bernie Sanders, who criticized Mrs. Clinton for her previous positions on Nafta and TPP, defeated her unexpectedly, and by a slim margin, in Michigan’s Democratic primary.
Before her remarks, Mrs. Clinton will tour the Futuramic Tool and Engineering factory. She will most likely reiterate her support for making products in the United States and her promise to strengthen labor unions, critical issues in this hard-hit manufacturing center. “The American labor movement helped create the American middle class,” she said on Wednesday. Over the last few weeks, Mrs. Clinton and her running mate, Senator Tim Kaine of Virginia, have been laser-focused on talking about her plans to create jobs and lift wages. And the efforts appear to be working.
Mrs. Clinton has tried to gain ground on jobs and the economy, devoting almost every campaign event since her party’s convention last month in Philadelphia to discussing what she would to do create jobs and lift incomes. Until last week, Mr. Trump had led Mrs. Clinton in polls on the question of whom voters thought would best handle the economy. That changed last week when a CNN survey showed for the first time that Mrs. Clinton led Mr. Trump, 50 to 48 percent, on the issue of who voters trust most on handling the economy.
There are signs those efforts are working. A CNN poll last week showed that for the first time Mrs. Clinton led Mr. Trump, 50 to 48 percent, on the issue of who voters trust to handle the economy. Mrs. Clinton is not expected to present any new policies in her Thursday address. She has spent the past 18 months explaining her main economic proposals, including investing $275 billion on the biggest infrastructure plan since World War II, making public colleges and universities tuition free for in-state middle-class families, rewriting the corporate tax code to penalize companies that move jobs overseas and giving tax incentives to companies that share profits with employees.
But now that Mr. Trump has presented his proposals, she can more specifically rebuke his plans, aides said. On Tuesday in Florida, she took aim at his proposal to end what Republicans call the “death tax” — the taxation of inheritances that exceed $5.5 million per person.
“My eyebrows went up when he said he wanted to abolish the death tax,” she said, “Which would be about a $4 billion gift to him and his family.”
She has labeled Mr. Trump’s proposal to reduce the corporate tax rate to 15 percent from 35 percent the “Trump Loophole,” which the Clinton campaign described as “a backdoor tax” that lets Mr. Trump and businessmen like him to pay less than half the current tax rate on their income.
Before her remarks, Mrs. Clinton was to tour the Futuramic Tool and Engineering factory, where she was expected to reiterate her support for strengthening labor unions and manufacturing products in the United States. Lately, Mrs. Clinton has hammered Mr. Trump for making his Trump-branded products overseas.
“This is one of the big differences that I have with Donald Trump,” she said while visiting a T-shirt shop in Des Moines on Wednesday, mentioning his Trump ties, suits and furniture. “He doesn’t make any of them in the United States.”