Hillary Clinton’s ‘Patriotic’ Tax Hike

June 29, 2007

By: Amanda Carpenter

Just in time for the Fourth of July holiday, Sen. Hillary Clinton (D.-N.Y) equated higher taxes with patriotism during the third nationally-televised Democratic Presidential debate Thursday evening.

Hillary Clinton's Tax Hike

When asked if she believed Americans were paying enough taxes, Clinton praised billionaire U.S. investor Warren Buffett because, as she said, “He’s honest enough to say, look, tax me because I’m a patriotic American.”

She went on, “We have to change the tax system and we’ve got to get back to having those with the most contribute to this country.”

Buffett made headlines earlier this week when he said the wealthy should pay more taxes at a Manhattan fundraiser for Clinton’s campaign with a $4,600 per person price tag. Clinton raised $1 million at the event.

Because Buffett is the son of a former Republican U.S. Congressman from Nebraska, Clinton asked Buffett why he was a Democrat. He replied that Republicans were more likely to think "I’m making $80 million a year, God must have intended me to have a lower tax rate."

Buffett said: “The 400 of us [here] pay a lower part of our income in taxes than our receptionists do, or our cleaning ladies, for that matter. If you’re in the luckiest 1 per cent of humanity, you owe it to the rest of humanity to think about the other 99 percent.”

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Hillary Clinton’s ‘Patriotic’ Tax Hike

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