O'Reilly: Big Question in 2016 Race Is if Hillary Will Push Obama's Taxes
In his Talking Points Memo, Bill O'Reilly said it's becoming clear that Hillary Clinton will try to convince voters that the corruption of our capitalistic system is the most important issue in the 2016 presidential campaign.
O'Reilly said Clinton is making income inequality a major part of her platform, despite the fact that she makes far more money than most CEOs.
O'Reilly pointed out that in 2015, the federal government will receive more tax money than ever before - about $3 trillion - thanks to 442 tax increases proposed by President Obama and 20 tax increases associated with ObamaCare.
"You can see, you have to be able to see, that taxes are everywhere on affluent Americans and business profits," O'Reilly said. "But for the rest of Americans, things aren't so bad."
O'Reilly pointed out that the bottom 60 percent of earners pay just 2.7 percent of federal taxes, and the bottom 40 percent actually get money from the government at a rate of about 3.2 percent in the form of payments called the earned income tax credit.
"Yes, there is a big gap between the very rich and the working class here. But how much more, how much more can the government take from the affluent without crashing the entire free market economy?" O'Reilly asked.
He said the real question of the 2016 race is if Hillary Clinton is going to continue the punishing taxation that Barack Obama has imposed.
"Because the result is likely to be the same, stagnant take home pay," O'Reilly said. "Again, the only way that salaries will go up in America is for private industry to expand, creating more jobs and more competition for workers."
Watch the Talking Points Memo above.
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