Last week Democrat presidential candidate Hillary Clinton laid out what she's calling an affordable college plan, which raises taxes by $350 billion in order to make college "free." But it turns out that Clinton's "affordable" college plan isn't so affordable.
"I believe one of the single biggest ways we can raise incomes is by making college affordable and available to every American. So today, I’m laying out a plan to do just that," Clinton said about her "New College Compact."
According to Americans for Tax Reform, Clinton's plan increases costs for 23,000 families in New Hampshire alone (bolding is mine).
Hillary's latest tax grab echoes her 2004 promise: "We're going to take things away from you on behalf of the common good." This remark was made during a speech to her financial backers and was overheard and reported by the Associated Press. Unaware there was a reporter present, then-Senator Clinton felt free to spell out her true tax worldview.
According to IRS Statistics of Income Data for 2012 (the most recent year available), the new Hillary tax hike will hit about 23,000 New Hampshire households, based on the number of families who earned over $200,000 and itemized their deductions.
Earlier this year, Clinton spokesman Brian Fallon warned of upcoming "revenue enhancements" - which are also known as "taxes" in the real world. Hillary's latest tax increase follows her July proposal for the most complicated capital gains tax scheme in U.S. history.
"If this is a 'free' plan then why is Hillary raising income taxes on 23,000 New Hampshire families to pay for it?" ATR President Grover Norquist said in a statement.
Keep in mind Clinton is currently losing to socialist Bernie Sanders in the Granite State by seven points, which is outside the margin of error.
Sanders leads Clinton 44-37 percent among likely Democratic primary voters, the first time the heavily favored Clinton has trailed in the 2016 primary campaign, according to the poll of 442 Granite-Staters.
Vice President Joe Biden got 9 percent support in the test primary match-up. The other announced Democrats in the race, former Maryland Gov. Martin O’Malley, former Rhode Island Gov. Lincoln Chafee and former Virginia Gov. Jim Webb, barely register at 1 percent or below.
The live interview phone poll was conducted Aug. 7-10 and has a margin of error of plus or minus 4.7 percentage points.
Last week Wisconsin Governor and GOP presidential candidate Scott Walker slammed Clinton's college plan as being beneficial to her liberal academic friends, not students.
"This is just typical of the left, pour more money into something without fixing the problem," Walker said. "She thinks if you're not pouring taxpayer money into things that that's the only way you solve problems. In the case of the federal government pouring more money into student loans without addressing the high cost of college in the first place only continues to exacerbate the problem," Walker said.
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