Here is what happened on January 1st 2014:
Top Income tax bracket went from 35% to 39.6%
Top Income payroll tax went from 37.4% to 52.2%
Capital Gains tax went from 15% to 28%
Dividends tax went from 15% to 39.6%
Estate tax went from 0% to 55%
Remember this fact: if you have money, the democrats want it.
These taxes were all passed with Democrat votes only no Republicans voted for these taxes!
These taxes were all passed under the affordable care act, aka Obamacare.
If you think that it is important that everyone in the U.S.should know this, please pass this on to everyone you know.
Wake up America !
12 comments:
Literally no-one reading this site will have been affected by capital gains tax.
How about you do an article about what happened to all that "trickle down" money the Republicans promised you? What about these jobs that should have been created thanks to tax cuts for the super-rich?
The Republicans keep people at the bottom fighting against each other while the rich right wing at the top of society laughs at us all.
1:15 I am not a rich right wing top of society person but I am laughing at your statement. You've got to be a democrat, your ignorance shows it.
"I will not raise your taxes one dime."
"In fact, you will save $2500.00 a year on your medical insurance."
Sound familiar?
Thank you 2:13
1:15 You are wrong, I'm just an average person making a livable wage and I will be affected by the increase in capital gains. If you make investments and you make a profit you have capital gains. This tax isn't reserved for the rich it covers every person who invests.
Chuck Cook said...
Literally no-one reading this site will have been affected by capital gains tax.
How about you do an article about what happened to all that "trickle down" money the Republicans promised you? What about these jobs that should have been created thanks to tax cuts for the super-rich?
The Republicans keep people at the bottom fighting against each other while the rich right wing at the top of society laughs at us all.
April 26, 2014 at 1:15 PM
Chuck why are you so jealous of the rich? Quit leeching off the public dole and do something for yourself for a change.
Anonymous said...
1:15 You are wrong, I'm just an average person making a livable wage and I will be affected by the increase in capital gains. If you make investments and you make a profit you have capital gains. This tax isn't reserved for the rich it covers every person who invests.
April 26, 2014 at 3:41 PM
He is to stupid to work and invest so he wouldn't know what you are talking about.
Smart people invest and do not pay capital gains. Accountants and tax attorneys can work wonders with the tax code. Ever hear of a 1031 exchange/Starker exchange? Knowledge is power and so many on this site say you don't need an education to be successful but that is only true if your hire educated people to handle your money/taxes.
"Literally no-one reading this site will have been affected by capital gains tax."
Well, I'm reading this site and I'm affected. Hard to believe that there are fools out there who actually believe this crap.
I suggest that everyone take a deep breath and collect your your thoughts, and do not be concerned about the post from 1:15. Anyone who would make that statement is so stupid that they are not worth the energy to argue with. What a shame how the Democrats have dumbed down our society.
The democrats want people like that who posted idiot comments.... stay poor, live poor, don't educate yourself... Ahhhh another democrat!!!
Takers not makers
"We have to pass it to see what's in it."
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