Democratic presidential candidate Hillary Clinton outlined five major areas to reverse the disturbing trend towards “quarterly capitalism” in the U.S. in her speech at New York University last Friday afternoon. Quarterly capitalism is a term coined by Dominic Barton, the managing director of McKinsey, and the term was bandied about commonly during Bill Clinton’s administration in the 1990s. Clinton’s five areas of focus In her speech, Hillary Clinton outlined five areas of focus, including taxing capital gains on a six-year sliding scale by doubling the period of time that capital gains are taxed at the top rate of 39.6%. As…
Hillary Clinton Blasts "Quarterly Capitalism"
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports
Comments are closed.