Clinton hypocritical on wealth

In the next presidential election, Hillary Clinton’s main strategy is going to be to pit the wealthiest against the rest of us. But wait, she is one of the wealthiest among us. Liberty Guard estimates the current net worth of the Clintons to be $150 million. How hypocritical.

A Bureau of Labor study expressed that about one in four of those persons in the wealthiest top 1 percent inherited the bulk of their wealth. The other three out of four got their wealth the old-fashioned way: They worked 12 to 14 hour days. More importantly, they risked every penny they owned, and often more than they borrowed from friends and relatives. It might be noted that eight out of 10 new businesses fail.

Most of us are not willing to risk losing everything. The ones who are willing to risk losing everything are deserving of retaining most of what they earned. Most of those in the highest gross income brackets already pay as much as 40 percent of their adjusted gross income in taxes.

Gene Sivertson

Spokane