As a brief reminder for those who forgot, or for many that didn't know...
Here is what happened, quietly, on January 1, 2016:
Medicare tax went from 1.45% to 2.35%
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%
Dividend tax went from 15% to 39.6%
Estate tax went from 0% to 55%
A 3.5% Real Estate transaction tax was added.
Remember these facts:
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.
If you think that it is important that everyone in the U.S. should know this, as there are many
millions who don't, then pass it on.
© 2016 bubby
(All rights reserved)