Hello 2015…ROBIN HOOD IS BACK.
As a brief reminder for those who forgot or for many that didn't know.
Here is what happened, quietly, on January 1, 2015: Medicare tax went from 1.45% to 3.35%
Top Income tax bracket went from 35% to 39.6% PUNISH THE WORKERS.... TO REWARD THE NON WORKERS (Communal Redistribution of Wealth?)
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 new taxes.
These taxes were all passed in the Affordable Care Act, aka Obamacare.
6 comments:
I didn't vote for him, either time,and not for any of the Democrats that are taxing us into oblivion.
Now that we can see what was in it, we need to get the list of who voted for it, and unemploy them.
You are absolutely wrong about the medicare tax. It is still 1.45%. I prepare payrolls for a living.
Your supposed to be doubling payroll taxes.
Anon 7:21 AM,
What payroll company do you work for? I would like to know so that I never have you do my company's payroll. Medicare DID go up and I would suggest you find a new living if you didn't realize that already...
Obama care is a failure for the working person. My premiums went up 25% and my benefits went down on top of the taxes mentioned here. Has anyone other than people that do not work benefited from Obama care? I for one have not and would love to hear someone that has.
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