Politics & Government

Hillary Clinton to unveil plan to spur investment

In this Sept. 22, 2015 file photo, Democratic presidential candidate Hillary Rodham Clinton speaks during a community forum on healthcare, at Moulton Elementary School in Des Moines, Iowa.
In this Sept. 22, 2015 file photo, Democratic presidential candidate Hillary Rodham Clinton speaks during a community forum on healthcare, at Moulton Elementary School in Des Moines, Iowa. AP

Democratic presidential front-runner Hillary Clinton plans to unveil a manufacturing plan Tuesday that her campaign says would help communities in North Carolina and across the country hit by plant closures.

Clinton’s campaign said Monday the plan would include a series of tax credits that would benefit communities that have lost manufacturing jobs.

“My plan will help spur reinvestment in communities right here in North Carolina that have lost jobs because of factory closures,” Clinton said in a statement.

At the heart of the plan is what the campaign calls a Manufacturing Renaissance Tax Credit. It would help businesses create jobs in a designated area or would offer them the option of not paying capital gains taxes for a specific period.

North Carolina has lost thousands of manufacturing jobs in recent years.

Clinton is expected to announce the plan Tuesday in New Hampshire.

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