Clinton to propose capital gains tax reform: campaign document

Reuters News
Posted: Jul 13, 2015 1:06 AM

NEW YORK (Reuters) - Democratic presidential contender Hillary Clinton will propose policies including "reforming capital gains taxation" in coming weeks to fight an excessive focus on short-term profits in capital markets, according to a campaign talking points document seen by Reuters.

Clinton will speak on Monday about her vision for the U.S. economy, including addressing income inequality and encouraging longer-term investment horizons. The memo was sent out in advance of that speech.

"In the coming weeks, she will outline specific policies—for example, by reforming capital gains taxation—that will seek to counter the effect of this short-term focus," according to the memo seen by Reuters.

(Reporting by Luciana Lopez; additional reporting by Jonathan Allen; Editing by Simon Cameron-Moore)