Clinton proposes tax, buyback changes to encourage long-term growth

  • 12/15/2022
  • 16:10
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NEW YORK, Shawwal 8, 1436, Jul 24, 2015, SPA -- Democratic presidential candidate Hillary Clinton proposed U.S. corporate tax reforms on Friday including a sliding scale for capital gains taxes and changes in executive compensation to encourage long-term growth to benefit American workers, Reuters reported. Clinton, in a speech in New York, said institutional investors have an obligation to counter "hit and run" activist shareholders. She also said the U.S. government needs to "stop pouring subsidies into industries that are already thriving" like the oil industry. -- SPA 23:11 LOCAL TIME 20:11 GMT www.spa.gov.sa/1383005

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