Clinton promises major wealth redistribution — starting with Trump

Even by the standards of liberal Democrats, Hillary Clinton is running the most frankly redistributionist presidential campaign in years. She promises massive new spending initiatives and balanced budgets, achieved by raising taxes on higher-income Americans in ways that other Democrats have rejected in the recent past.

At a fundraiser in Seattle Friday night — with her growing lead overDonald Trump, Clinton holds few actual campaign rallies — Clinton described her spending agenda: the "biggest investment in jobs since World War II," higher spending on prescription drugs, billions more for Obamacare, pre-school, family leave, college affordability, roads, bridges, tunnels, ports, airports, a new electric grid to "distribute all the clean, renewable energy we're going to be producing," half-a-billion new solar panels, advanced manufacturing, Climate Change, and more.

Clinton conceded that was a lot to pay for, but argued America's wealthy have more than enough cash to hand over to the government. Chief among them, Clinton said, is her billionaire opponent, Donald Trump, whom she promises to target after the election.

"When people ask me, so how are you going to pay for infrastructure jobs and paid family leave, I say well, I'm telling you I'm going to pay for everything," Clinton told the fundraiser audience. "I'm not going to add a penny to the national debt. We're going to go where the money is. We're going to make the wealthy pay their fair share. And we're going to finally close those corporate loopholes. And it would be a good idea to start with my opponent."

It's not clear whether Clinton meant there might be some specific retaliation against Trump under her administration or whether Trump would simply pay more taxes along with other wealthy Americans.