Published January 11, 2016 2:56pm EST | Updated January 11, 2016 3:03pm EST

Hillary Clinton Calls For 4% Surcharge On Incomes Over $5 Million

Hillary Clinton called on Monday for a surcharge of 4% on incomes of $5 million or more a year. Clinton spoke about the proposal in Iowa, which will hold the first-in-the-nation presidential caucuses in three weeks. An aide said the proposal is part of her plan to expand the so-called Buffett rule for taxing wealthy Americans.