Posted on 04/06/2014 10:43:47 PM PDT by Jim Robinson
Happy New Year America
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 only with democrat votes, no republicans voted for these taxes.
These taxes were all passed under the affordable care act, aka Obamacare.
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