How Hillary Changed After Bernie

[applegrove]

How Hillary Changed After Bernie

by Emily Atkin, Alice Ollstein & Kira Lerner at Think Progress

http://thinkprogress.org/politics/2016/06/07/3784550/hillary-clinton-shifts-after-bernie-sanders/

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Wall Street

Anger against Wall Street and the wealthy who profit there has been a defining feature in the 2016 campaign, and no one has tapped into it more effectively than Sanders.

The Vermont senator won over voters across the country by attacking the U.S. banking system for creating profit for a few at the expense of the many, and by promising if elected to break up and forcefully regulate Wall Street's financial giants.

Clinton, who has taken millions in donations from Wall Street bankers and hedge fund managers and who previously made hundreds of thousands of dollars giving private speeches to big banks, has not fared as well on this issue. In response to attempts to paint her as too cozy with Wall Street, she unveiled an aggressive regulatory plan that would make it easier to prosecute and jail individual bankers and would impose a tax on Wall Street speculation -- both policies Sanders has long demanded.

Pressure from the party's populist wing has also pushed Clinton to call for higher taxes on the rich, their inherited wealth, their investments, and their corporate profits. Echoing Sanders' repeated calls for the nation's millionaires and billionaires to "pay their fare share" in taxes, Clinton made a "fair share surcharge” tax of 4 percent on multi-millionaires a central piece of her platform.


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