Economics

The Rich Get Ready for Higher Taxes Under a President Clinton

A big win for Democrats could start an end-of-the-year scramble for the wealthy and their tax advisers.

Trump vs. Clinton: Taxes and Entitlements

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For wealthy Americans, a big win by Hillary Clinton on Nov. 8 could get pretty expensive.

Clinton is proposing higher taxes on Americans who make more than $250,000, including a 4 percent “fair share surcharge” on incomes over $5 million a year. She’s also trying to limit the ability of the rich to lower their tax bills through clever planning.