--- title: Hillary Clinton Slams Donald Trump on Taxes and the Economy description: Hillary Clinton laid out her economic agenda on Thursday, touting her plan for tuition-free college and infrastructure spending canonical: https://time.com/4448941/hillary-clinton-donald-trump-economy-speech/ author: Sam Frizell article:opinion: false article:content_tier: free article:published_time: 2016-08-11T19:19:49.000Z article:modified_time: 2026-10-07T06:42:27.306Z article:section: Politics og:title: Hillary Clinton Lays Into Donald Trump on Taxes and the Economy og:description: "There is still a long road ahead" og:url: https://time.com/4448941/hillary-clinton-donald-trump-economy-speech/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blta61e407fd4bd7be3/6988a21ccd1bbaf149701f04/hillary-clinton4.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 og:image:width: 2880 og:image:height: 1620 og:image:alt: Democratic Presidential Nominee Hillary Clinton Delivers Speech On The Economy og:type: article twitter:card: summary_large_image twitter:title: Hillary Clinton Lays Into Donald Trump on Taxes and the Economy twitter:description: "There is still a long road ahead" twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blta61e407fd4bd7be3/6988a21ccd1bbaf149701f04/hillary-clinton4.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 ---  # Hillary Clinton Lays Into Donald Trump on Taxes and the Economy > Sponsored content. 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Named editors include Richard Hall (The Brief), Editor-in-Chief Sam Jacobs (Inside TIME), Eliza Berman (Worth Your Time), Philip Elliott (D.C. Brief), Justin Worland (Future Proof) and Harry Booth (In the Loop). Health Matters is written by TIME's health desk. #### How do I sign up for a TIME newsletter? Go to time.com/newsletters, choose the newsletters you want and enter your email address. There is no cost and no subscription requirement. ### Sources * TIME Newsletters: [time.com/newsletters](/c/time-nl-network-2026q3/newsletters?i=ec021496-925c-436f-b4d0-a8fc13b81235&cr=time-nl-network-2026q3-v1) ## Video: Hillary Clinton Lays Out Economic Plan [Watch (HLS stream): Hillary Clinton Lays Out Economic Plan](https://cdn.jwplayer.com/manifests/FiRS8pAm.m3u8) (1:32)  _Published 2016-08-11. Hillary Clinton laid out her economic agenda on Thursday, touting her plan for tuition-free college and infrastructure spending in a sharp rebuttal to Donald Trump’s speech on the economy earlier this week._ by [Sam Frizell](https://time.com/author/sam-frizell/) ## Sam Frizell Aug 11, 2016 7:19 PM UTC Hillary Clinton laid out her economic agenda on Thursday, touting her plan for tuition-free college and infrastructure spending in a sharp rebuttal to Donald Trump’s speech on the economy earlier this week. by [Sam Frizell](https://time.com/author/sam-frizell/) ## Sam Frizell Aug 11, 2016 7:19 PM UTC [Hillary Clinton](http://time.com/4447263/hillary-clinton-donald-trump-second-amendment-crossed-line/) laid out her economic agenda on Thursday, touting her plan for tuition-free college and infrastructure spending in a sharp rebuttal to [Donald Trump’s speech on the economy](http://time.com/4443382/donald-trump-economic-speech-detroit-transcript/) earlier this week. She hammered Trump for designing a tax plan that she said would benefit his own family, and said that Trump’s trade plan, which calls for discarding trade agreements and raising tariffs. “The answer is not to rant and rave or cut ourselves off from the world,” Clinton said. “The answer is to finally make trade work for us, not against us.” And in an effort to contrast her vision with Trump’s, Clinton sounded a blast of optimism. “He’s missing so much about what makes Michigan great,” Clinton said, referring to Trump’s speech in Detroit on Monday. “Yes, there is still a long road ahead, but Michigan is on the rise.” Clinton explained some of the policies she has developed over the last year-and-a-half, beginning in the primary with Vermont Sen. Bernie Sanders. During her remarks, she called for tougher trade oversight, nearly $300 billion in spending on infrastructure, affordable childcare and strengthening Obamacare, as well as a public option for healthcare and tuition free college a la Sanders’ plans. In an election that has in large part focused on the effects of trade deals, Clinton took a hard line on trade, saying she opposes the 12-nation TPP and will oppose it as president. She said she would appoint a chief trade prosecutor and impose targeted tariffs on country—something the federal government already does—and also assign additional trade enforcement officers. “It is true that too often, past trade deals have been sold to the American people with rosy scenarios that did not pan out. Those promises now ring hollow across” the country, Clinton said. And in a play for Republican voters, she called for simplifying tax filings and private investment in infrastructure. “And here’s something you don’t always hear enough of from Democrats: a big part of our plan will be unleashing the power of the private sector to create more jobs at higher pay. That means for us creating an infrastructure bank to get private funds off the sidelines” and complement public investments, Clinton said. She also said she would simplify tax filing for small businesses. “It should be as easy as printing out a bank statement.” Trump has called for tariffs on imports and wants to lower individual tax rates to 10, 20 and 25% and the corporate tax rate to 15%. “The tax cuts he doubled down on in speech on Monday offered trillions to richest americans and corporations,” Clinton said. ## Transcript [00:00] I will stop any trade deal that kills jobs, or [00:04] holds down wages, including the Trans Specific [00:07] Partnership. << [ APPLAUSE ]. [00:11] I oppose it now. I'll oppose it after the election, and I'll [00:15] oppose it as president. The answer is not to rant and [00:19] rave, or cut ourselves off from the world. That would [00:22] end up killing even more jobs. The answer is to finally [00:27] make trade work for us, not against us. Then there is [00:31] Trump's tax plan. He would give trillions in tax [00:35] cuts to big corporations, millionaires, and Wall Street [00:38] money managers. That would explode our national [00:42] debt and eventually lead To massive cuts in priorities [00:46] like education, health care, and environmental [00:49] protection. Now it's true that both of us have proposed [00:53] to cut taxes for middle class families. He's making a [00:57] big promise, but his advisors have said, his own [01:01] advisors have said, he may not stand by them. Instead [01:05] the tax cuts he doubled down on in his speech in [01:09] Detroit on Monday offered trillions to the richest [01:13] Americans and corporations. And one of the [01:16] differences between Donald Trump and me, is I'm [01:21] telling you what I will do. I'm laying out my plans and I [01:25] will stand by them and want you to hold me [01:28] accountable for delivering results. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/4448941/hillary-clinton-donald-trump-economy-speech/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/4448941/hillary-clinton-donald-trump-economy-speech/"},"headline":"Hillary Clinton Lays Into Donald Trump on Taxes and the Economy","datePublished":"2016-08-11T19:19:49.000Z","dateModified":"2026-10-07T06:42:27.306Z","description":"\"There is still a long road ahead\"","url":"https://time.com/4448941/hillary-clinton-donald-trump-economy-speech/","keywords":["2016 Election","Hillary Clinton","2016 Election","Donald Trump"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blta61e407fd4bd7be3/6988a21ccd1bbaf149701f04/hillary-clinton4.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Sam Frizell","jobTitle":null,"url":"https://time.com/author/sam-frizell/"}],"articleSection":"Politics","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blta61e407fd4bd7be3/6988a21ccd1bbaf149701f04/hillary-clinton4.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Democratic Presidential Nominee Hillary Clinton Delivers Speech On The Economy","caption":"Democratic Presidential Nominee Hillary Clinton Delivers Speech On The Economy","creditText":"Sean Proctor—Bloomberg/Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/section/politics/","name":"Politics"}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/tag/2016-election/","name":"2016 Election"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/4448941/hillary-clinton-donald-trump-economy-speech/","name":"Hillary Clinton Lays Into Donald Trump on Taxes and the Economy"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"Hillary Clinton Lays Out Economic Plan","description":"Hillary Clinton laid out her economic agenda on Thursday, touting her plan for tuition-free college and infrastructure spending in a sharp rebuttal to Donald Trump’s speech on the economy earlier this week.","thumbnailUrl":"https://cdn.jwplayer.com/v2/media/FiRS8pAm/poster.jpg?width=720","uploadDate":"2016-08-11T20:03:20.000Z","contentUrl":"https://cdn.jwplayer.com/manifests/FiRS8pAm.m3u8","embedUrl":"https://time.com/4448941/hillary-clinton-donald-trump-economy-speech/","duration":"PT1M32S","potentialAction":{"@type":"SeekToAction","target":"https://time.com/4448941/hillary-clinton-donald-trump-economy-speech/?jw_start={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"}}] ```