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Hillary Clinton, Seizing on Taxes, Says Donald Trump ‘Games the System’ Hillary Clinton, Seizing on Taxes, Says Donald Trump ‘Games the System’
(about 1 hour later)
TOLEDO, Ohio — Hillary Clinton seized on revelations that Donald J. Trump could have avoided paying income taxes for up to 18 years to unleash a new torrent of criticism of her opponent, saying he pretended to help working Americans even as he personified “the same rigged system he claims he will change.”TOLEDO, Ohio — Hillary Clinton seized on revelations that Donald J. Trump could have avoided paying income taxes for up to 18 years to unleash a new torrent of criticism of her opponent, saying he pretended to help working Americans even as he personified “the same rigged system he claims he will change.”
“He abuses his power, games the system and puts his own interests ahead of the country’s,” Mrs. Clinton told a crowd of more than 1,100 gathered for a rally on Monday at the Downtown Toledo Train Station. “It’s always Trump first, and everyone else last.” “He abuses his power, games the system, puts his own interests ahead of the country’s,” Mrs. Clinton told a crowd of more than 1,100 gathered for a rally on Monday at the Downtown Toledo Train Station. “It’s always Trump first, and everyone else last.”
Mrs. Clinton, the Democratic presidential nominee, had already planned to deliver an economic speech in Ohio, where she has struggled to connect with white working-class voters, who have seen huge job losses amid the decades-long flow of manufacturing plants overseas. Polls show that many of these voters have gravitated to Mr. Trump’s vehemently antitrade message. Mrs. Clinton unleashed the attack during a previously planned economic speech in Ohio, where she has struggled to connect with white working-class voters, who have seen huge job losses amid the decades-long flow of manufacturing plants overseas.
But the revelation on Saturday night that Mr. Trump, the Republican nominee, declared a $916 million loss on his 1995 income tax returns and could have avoided paying federal taxes for years added a new impetus and an extra dose of fire and brimstone to Mrs. Clinton’s economic pitch. But the revelation on Saturday night that Mr. Trump declared a $916 million loss on his 1995 income tax returns and could have avoided paying federal taxes for years added a new impetus and an extra dose of fire and brimstone to Mrs. Clinton’s economic pitch.
She wasted little time in tying Mr. Trump’s tax practices to her broader economic message and promised to carry out policies that would rein in corporate excess and alleviate income inequality. She wasted little time in tying Mr. Trump’s tax practices to her broader economic message reining in corporate excess and alleviating income inequality.
“I always love coming back to Toledo,” Mrs. Clinton said at the start of her remarks here. “This is the kind of place where people work hard, look after one another and, yes, pay their taxes.” “Toledo is the kind of place where people work hard, look after one another and, yes, pay their taxes,” Mrs. Clinton said at the start of her remarks here.
She criticized Mr. Trump’s reluctance to release his tax returns — as every other major recent presidential candidate has done — and mentioned the article in The New York Times revealing his tax records. “While millions of American families were working hard and paying their fair share,” Mrs. Clinton said, “it seems Trump wasn’t contributing anything to our nation.” And noting the defense Mr. Trump’s allies have put forth — that his handling of his taxes reflects his “genius” — Mrs. Clinton said, “What kind of a genius loses a billion dollars in a single year?”
“Nothing for young children in Head Start, nothing for Pell grants to help kids go to college, nothing for veterans, nothing for our military,” she continued. She criticized Mr. Trump’s reluctance to release his tax returns — as every other major recent presidential candidate has done — and mentioned the article in The New York Times revealing his tax records. “While millions of American families, including mine and yours, were working hard and paying their fair share,” Mrs. Clinton said, “it seems he was contributing nothing to our nation.”
“Not fair!” a woman in the audience yelled. Several hours later, Mr. Trump used a campaign rally in Pueblo, Colo., to say that he had used the tax code “brilliantly,” and that his mastery of it meant he was best qualified to overhaul a deeply flawed system.
Mrs. Clinton said that Mr. Trump’s business practices were in a “category all by himself,” and that he was “taking from America with both hands and leaving the rest of us with the bill.” “I understand the tax laws better than almost anyone, which is why I am the one who can truly fix them,” he said.
She hit back at Mr. Trump’s allies — including Rudolph W. Giuliani, a former mayor of New York, and Gov. Chris Christie of New Jersey — for saying Mr. Trump’s 1995 tax returns showed he was a business genius. Mrs. Clinton weaved her attack on Mr. Trump into an address in which she also criticized other corporate actors, including top executives at Wells Fargo after employees opened roughly 1.5 million bank accounts and applied for 565,000 credit cards that may not have been authorized by customers, according to regulators. The bank paid $185 million in fines, including a $100 million penalty from the Consumer Financial Protection Bureau, the largest penalty the agency has ever issued.
“What kind of a genius loses a billion dollars in a single year?” Mrs. Clinton said. Mrs. Clinton seemed upbeat at the rally, her first since the revelations Saturday about Mr. Trump’s taxes. She boasted of being endorsed by LeBron James, who led the Cleveland Cavaliers to the N.B.A. championship and grew up in Akron, Ohio, which Mrs. Clinton was also visiting Monday. “I hope to be elected president, but I know here in Ohio, LeBron will always be the king,” she said.
But Mrs. Clinton also criticized other corporate actors, including top executives at Wells Fargo after employees opened roughly 1.5 million bank accounts and applied for 565,000 credit cards that may not have been authorized by customers, according to regulators. The bank paid $185 million in fines, including a $100 million penalty from the Consumer Financial Protection Bureau, the largest penalty the agency has ever issued.
Mrs. Clinton seemed upbeat in what was her first rally since the revelations Saturday about Mr. Trump’s taxes. She boasted of being endorsed by LeBron James, who led the Cleveland Cavaliers to the N.B.A. championship and grew up in Akron, Ohio, which Mrs. Clinton was also visiting Monday. “I may be elected president, but here in Ohio, LeBron will always be the king,” she said.
Mrs. Clinton’s speech fit into a broader economic philosophy, endorsed by her closest economic advisers and often referred to as inclusive capitalism, that calls for corporations to put less emphasis on short-term profits and invest more in employees, the environment and communities.Mrs. Clinton’s speech fit into a broader economic philosophy, endorsed by her closest economic advisers and often referred to as inclusive capitalism, that calls for corporations to put less emphasis on short-term profits and invest more in employees, the environment and communities.
On Monday, Mrs. Clinton reiterated her proposal to raise the minimum wage, strengthen labor unions and offer tax incentives to companies that share profits with employees. She also unveiled two new policies to protect workers, including curbing the use of “forced arbitration” clauses in contracts that prohibit workers and consumers from bringing legal action against companies that have harmed them.On Monday, Mrs. Clinton reiterated her proposal to raise the minimum wage, strengthen labor unions and offer tax incentives to companies that share profits with employees. She also unveiled two new policies to protect workers, including curbing the use of “forced arbitration” clauses in contracts that prohibit workers and consumers from bringing legal action against companies that have harmed them.
“We can’t let corporations like Wells Fargo use these fine-print ‘gotchas’ to escape accountability,” Mrs. Clinton said. “We are not going to let corporations like Wells Fargo use these fine-print ‘gotchas’ to escape accountability,” Mrs. Clinton said.
And she took aim at pharmaceutical companies, against the backdrop of a backlash against Mylan, which repeatedly raised the price of EpiPens, leading to widespread consumer outrage, particularly among parents whose children rely on the lifesaving injections after allergic reactions.And she took aim at pharmaceutical companies, against the backdrop of a backlash against Mylan, which repeatedly raised the price of EpiPens, leading to widespread consumer outrage, particularly among parents whose children rely on the lifesaving injections after allergic reactions.
“We should slap penalties on companies responsible” for such drug price increases, Mrs. Clinton said. “We should slap penalties on companies trying to cheat people who need these drugs,” Mrs. Clinton said.
The campaign stops in Toledo and Akron marked the first time Mrs. Clinton had visited Ohio since Labor Day, as polls show the state’s white working-class voters gravitating toward Mr. Trump. Fifty percent of likely voters in Ohio preferred Mr. Trump, compared with 46 percent for Mrs. Clinton, in a CNN/ORC poll last month.The campaign stops in Toledo and Akron marked the first time Mrs. Clinton had visited Ohio since Labor Day, as polls show the state’s white working-class voters gravitating toward Mr. Trump. Fifty percent of likely voters in Ohio preferred Mr. Trump, compared with 46 percent for Mrs. Clinton, in a CNN/ORC poll last month.
Early voting begins next week in Ohio, and the Clinton campaign has roughly 300 staff members and an army of volunteers working to register voters. On Tuesday, former President Bill Clinton plans to embark on a two-day bus tour through the state largely focused on kitchen-table economic issues.Early voting begins next week in Ohio, and the Clinton campaign has roughly 300 staff members and an army of volunteers working to register voters. On Tuesday, former President Bill Clinton plans to embark on a two-day bus tour through the state largely focused on kitchen-table economic issues.
Recent polls have shown that Mrs. Clinton has gained an advantage on Mr. Trump when voters are asked who will best handle the economy. Ever since the Democratic nominating fight, Mrs. Clinton has called out specific corporate players for criticism, trying to demonstrate to voters how she would approach corporate misbehavior as president.Recent polls have shown that Mrs. Clinton has gained an advantage on Mr. Trump when voters are asked who will best handle the economy. Ever since the Democratic nominating fight, Mrs. Clinton has called out specific corporate players for criticism, trying to demonstrate to voters how she would approach corporate misbehavior as president.
The same day Mrs. Clinton fought to present herself as a champion to hard-hit Rust Belt voters, Mr. Trump continued his attacks on the Clinton family’s finances. In the years since Mr. Clinton left the White House, the Clintons have amassed in excess of $125 million delivering paid speeches to Wall Street and other special interests.The same day Mrs. Clinton fought to present herself as a champion to hard-hit Rust Belt voters, Mr. Trump continued his attacks on the Clinton family’s finances. In the years since Mr. Clinton left the White House, the Clintons have amassed in excess of $125 million delivering paid speeches to Wall Street and other special interests.
“Hillary Clinton is owned by Wall Street,” Mr. Trump often says at his rallies. “Hillary Clinton hasn’t made an honest dollar in her entire life,” he said in Pueblo, contrasting his private sector experience to her profiting off her career of public service by making speeches.
“Hillary Clinton left the White House dead broke,” he said. “Now she and her husband have made more than $200 million without building a company or creating a single thing of value.”
Although the data has shown steady job growth under President Obama, voters in states like Ohio have not felt like the economy has come back, said Nina Turner, a former state senator from Ohio who supported Senator Bernie Sanders of Vermont in the Democratic primary race.Although the data has shown steady job growth under President Obama, voters in states like Ohio have not felt like the economy has come back, said Nina Turner, a former state senator from Ohio who supported Senator Bernie Sanders of Vermont in the Democratic primary race.
“They feel like, ‘My quality of life hasn’t gotten much better, and I need somebody to somebody to speak to those issues,’” Ms. Turner said. “Instead,” she said of the two major-party nominees, “we have two wealthy people battling back and forth.”“They feel like, ‘My quality of life hasn’t gotten much better, and I need somebody to somebody to speak to those issues,’” Ms. Turner said. “Instead,” she said of the two major-party nominees, “we have two wealthy people battling back and forth.”