Able Quote by Gary Shilling
“If Hillary [Clinton] is elected, is she going to be able to jack up taxes with virtually no deductions, and include capital gains? Unless democrats have a clean sweep of Congress, I don't think that's going to happen either.”
About This Quote
Source Article: 2024 Economic Outlook by Gary Shilling
The quote questions whether a Hillary Clinton presidency could raise taxes without deductions, noting congressional control is needed for such changes.
In simple terms: Questions Clinton’s tax policies and congressional limits.
Consider political constraints on tax policy.
Themes
Mood
Type
When to use this quote
- election analysis
- policy debates
- financial planning
Key Concepts
Questions to Reflect On
- How do congressional majorities affect tax legislation?
- What are the risks of tax increases without deductions?
Speculative; depends on many variables.