Clinton says GOP candidates hindering anti-terrorism efforts

The proposal is the latest in Clinton’s month-long focus on jobs, something she’s struggled to highlight amid headlines about Republican presidential candidate Donald Trump and his controversial comments about banning non-citizen Muslims from the U.S.

“This is not a new fight for me”, Clinton said during a town hall in New Hampshire.

While Trump’s GOP rivals use what Clinton calls “veiled language” to talk about their plans, Clinton noted that their remarks are also undermining efforts of U.S. negotiators to build a global coalition against the group. Ted Cruz, Sen. Marco Rubio, Ohio Gov. John Kasich, former Florida Gov. Jeb Bush and Ben Carson.

“It is important we recognize how we have to keep our country safe, but to do it in a way that is consistent with our values of who we are as Americans”, said Clinton, a former U.S. Secretary of State.

The plan features a “Manufacturing Renaissance Tax Credit” [MRTC] that would be a new driver for investments in communities that are at risk of a downward spiral following factory closures that result in job losses, Clinton pre-call press said.

Trump fired back, singling out Clinton as his top competitor during a television appearance Wednesday morning.

“I had hesitation about what I thought was a kind of hardness in her but she doesn’t have that in person”, said Terry Matre, a family therapist in West Des Moines.

In 2004, Congress attempted to contain the practice by saying USA companies couldn’t escape US taxes by merely reincorporating overseas with the same shareholders and people overseeing the company.

The Republican National Committee said the Clintons have personally profited from overseas tax havens, which makes Clinton’s proposal hypocritical. This is not only about fairness; this is about patriotism.

The announcement comes after US pharmaceutical giant Pfizer announced that it will merge with Allergan, becoming an “Irish” company and lowering its USA tax bill.

The Treasury Department, after a wave of inversion deals, announced new regulations in September 2014 targeting certain tax-avoidance deals. The payments go into the coffers of the foreign parent, where profits are taxed at much lower rates, such as Ireland’s 12.5 percent.

Clinton will also reiterate two ideas to halt inversions for which her campaign has already indicated her support.

To pay for her plan, Clinton says she would raise taxes on the wealthy, and close tax loopholes that she says corporations take advantage of.

In an effort to avoid paying the higher tax rate, USA companies have increasingly sought so-called inversions, or mergers that allow them to relocate their headquarters in countries with lower tax rates. “Inversions by Pfizer and other companies, plus related loopholes, will cost American taxpayers more than $80 billion in revenue over the next 10 years”.

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