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Real 'Work'? Clinton Swipes at Chelsea's Profession
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hillarynews
Joined: 24 Jan 2007
Posts: 2255
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 Posted: Wed Feb 20, 2008 3:00 pm Post subject: Real 'Work'? Clinton Swipes at Chelsea's Profession |
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 Real 'Work'? Clinton Swipes at Chelsea's Profession
Sen. Hillary Clinton took a swipe at her daughter's profession today at an economic roundtable discussion at a restaurant in Parma, Ohio, suggesting wealthy investment bankers and hedge fund managers on Wall Street aren't doing real 'work.'
Category: Top Story
Sen. Hillary Clinton took a swipe at her daughter's profession today at an economic roundtable discussion at a restaurant in Parma, Ohio, suggesting wealthy investment bankers and hedge fund managers on Wall Street aren't doing real 'work.'The former first lady's daughter, Chelsea Clinton, works for New York-based hedge fund Avenue Capital Group. She previously worked in New York for McKinsey & Company, her first job after graduating with her master's degree from Oxford University."We also have to reward work more," Clinton told a small group of Ohio residents today. "and by that, I mean, I have people in New York working on Wall Street as investment managers, as hedge fund executives. Under the tax code, they can pay a lower percentage of their income in taxes on $50 million dollars, than a teacher, or a nurse, or a truck driver in Parma pays on $50,000. That's very discouraging to people."You just feel like, 'wait a minute. I'm working as hard as I can.' All those people you see in your law office. They're working as hard as they can and they feel like they're just getting further and further behind," Clinton said.
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Source: The Hillary Project
Description: reporting the news about Hillary that the media refuses to |
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