ended details on what mrs. clinton is proposing. >> candidate clinton is posing a progressive scale for capital gains taxes for wealthy americans. we are waiting on paper for all the details out there after her speech today. i like to see the paper but according to wall street journal she would increase the rate for profits on investments held for one to two years from the current 20% to the current ordinary top income tax rate of 39.6%. this would kick in for taxpayers making more than $400,000 a year, people making less would continue to pay at the lower 20% rate. than the rate for high earners would decline on a sliding scale down to 32% and all the way back to 20% on investments held at least six years. >> this means from the moment investors buy into a company they will be more focused on its future growth strategy and its immediate profit. >> the clinton campaign says the proposal is designed to remove incentives for, quote, short term and the line investments towards long-term value. cheryl: thank you very much, wall street not liking what they heard. also this affecting mrs.
it ought to be. at end of the day, mrs. clinton is obviously traditional take from the rich, give to the poor. robin hood philosophy, obama and everybody else talked about. deal with a congress, republican at least in the house foreseeable future. a lot of things she is talking about, infrastructure takes more revenue. talk how you raise revenue? raise taxes? great, talk about it. liz: neil cavuto had lee on cooperman. he came on and don't make better economy by taking from those who succeeded to give it to those who haven't. he also felt that scott walker, who is jumping into night is not somebody he would ever vote for because of his social position on things like gay marriage. if you could switch sides, giving awe high school debate lesson here, switch sides to advise some of these republicans, stick to the economy and forget about social issues? >> absolutely. what i hope that is unasailable when hillary clinton talked about, economic growth particularly for working americans being central challenge of our time. it is necessary precondition to realizing any of the growth and posi
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