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Posted on: 12th Jul 2015
As a brief reminder for those who forgot or for many that didn't know, here is what happened on January 1, 2015:
Medicare tax went from 1.45% to 2.35%.
Top Income tax bracket went from 35% to 39.6%.
PUNISH THE WORKERS ... TO REWARD THE NON WORKERS.
Top Income payroll tax went from 37.4% to 52.2%.
MORE PUNISHMENT FOR WORKING HARD!
Capital Gains tax went from 15% to 28%.
MORE TAX UPON INCOME THAT HAD ALREADY BEEN TAXED!
Dividend tax went from 15% to 39.6%.
MORE PUNISHMENT FOR INVESTING WISELY AND MAKING GOOD DECISIONS!
Estate tax went from 0% to 55% PUNISHMENT FOR SAVING FOR THE NEXT GENERATION! ONLY TO HAVE IT GO TO THE GOVERNMENT!
A 3.5% Real Estate transaction tax was added. MORE PUNISHMENT FOR INVESTING IN A HOME OR RENTAL PROPERTY!
Remember this fact:
These taxes were all passed solely with Democrat votes. Not a single Republican voted for these taxes.
These taxes were all passed in the Affordable Care Act, aka Obamacare.
If you think it is important that everyone in the U.S. should know this, then pass it on.
DARN IT, WORKING AMERICA ... WAKE UP!!!
Medicare tax went from 1.45% to 2.35%.
Top Income tax bracket went from 35% to 39.6%.
PUNISH THE WORKERS ... TO REWARD THE NON WORKERS.
Top Income payroll tax went from 37.4% to 52.2%.
MORE PUNISHMENT FOR WORKING HARD!
Capital Gains tax went from 15% to 28%.
MORE TAX UPON INCOME THAT HAD ALREADY BEEN TAXED!
Dividend tax went from 15% to 39.6%.
MORE PUNISHMENT FOR INVESTING WISELY AND MAKING GOOD DECISIONS!
Estate tax went from 0% to 55% PUNISHMENT FOR SAVING FOR THE NEXT GENERATION! ONLY TO HAVE IT GO TO THE GOVERNMENT!
A 3.5% Real Estate transaction tax was added. MORE PUNISHMENT FOR INVESTING IN A HOME OR RENTAL PROPERTY!
Remember this fact:
These taxes were all passed solely with Democrat votes. Not a single Republican voted for these taxes.
These taxes were all passed in the Affordable Care Act, aka Obamacare.
If you think it is important that everyone in the U.S. should know this, then pass it on.
DARN IT, WORKING AMERICA ... WAKE UP!!!
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