Study: Clinton's tax hikes would kill 700,000 jobs

Hillary Clinton’s tax plan would raise hundreds of billions of dollars from the wealthy, but would hamstring economic growth and prevent the creation of nearly 700,000 jobs over the next decade, according to a new analysis released Wednesday.

The Tax Foundation, a nonpartisan think tank in Washington, published a score of Clinton’s plans for tax policy that found that it would would raise taxes by $1.4 trillion over the next 10 years, under a static analysis that assumes nothing else changes. That revenue would come from new taxes on high earners, a higher tax rate on multi-million dollar incomes, and new estate taxes.