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Hillary Clinton: Raise Taxes on the Rich Everywhere

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Published: Monday, 24 Sep 2012 | 3:08 PM ET
John Carney By:

Senior Editor, CNBC.com

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Hillary Clinton

It's no secret that the foreign policy of the United States tends to reflect the world views of the occupant of the White House.

Sure, there used to be some homage paid to the notion that "politics stops at the water's edge," but that hasn't really been true for generations. Particularly if you are out to improve the world, you are going to wind up exporting your own ideas about world improvement.

Free-market types will urge freer markets, even when these take the form of the kind of corrupt privatization that gave rise to Russia's oligarchs. And the Obama administration, well, it thinks the wealthy need to be taxed more — everywhere.

"One of the issues that I have been preaching about around the world is collecting taxes in an equitable manner — especially from the elites in every country," Secretary of State Hillary Clinton said in her speech at the Clinton Global Initiative Monday.

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"One of the issues that I have been preaching about around the world is collecting taxes in an equitable manner — especially from the elites in every country," Secretary of State Hillary Clinton said in her speech at the Clinton Global Initiative Monday.

   
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