Second 2016 Presidential Debate: on Corporations

Hillary Clinton: I voted to close corporate tax loopholes that Trump used

A: [Trump's] plan will give the wealthy and corporations the biggest tax cuts they've ever had, more than the Bush tax cuts by at least a factor of two. The way that he talks about his tax cuts would end up raising taxes on middle-class families, millions of middle-class families. I have said nobody who makes less than $250,000 a year will have their taxes raised. We've got to go where the money is. It is with people who have taken advantage of every single break in the tax code. When I was a senator, I did vote to close corporate loopholes. I voted to close one of the loopholes Trump took advantage of when he claimed a billion-dollar loss that enabled him to avoid paying taxes. I want to have a tax on people who are making a million dollars. Warren Buffett said somebody like him should not be paying a lower tax rate than his secretary. I want to have a surcharge on incomes above $5 million.