Of course the GOP had a majority in the House on 1 January 2015, but these tax increases were built into the Affoardable Care Act of 2009, and the republican congress had never tried to change it.
That's one side of the coin - now for those who missed Donald Trump's speech on ecnomic reforms here it is:
http://rsbn.tv/watch-donald-trump-delivers-remarks-in-detroit-mi-live-stream/
History never repeats itself but sometimes it rhymes, and what we see now is as close a one can get to a replay of the 1980 election between Reagan and Carter. Tax redcuctions, reduced regulations on one side, tax increases and more regulations on the other side. The choice is yours .
Actually the real estate transaction tax went into effect in 2013 and is 3.8%. But realize it applies to capital gains (not a sales tax) >$250k AGI.
Gads! John Roberts was right!
It IS a tax!!
the republicans are doing a bang up job telling us about this, and Romney and Ryan did too.
The amount of AFTER TAX money I’ve saved by not having health insurance since the inception of Obamacare is staggering.
Bttt.
5.56mm
It was only when I was helping my parents with their taxes this year that I learned that (a) the capital gains tax rate had gone up from 15% to 20%, and (b) there was now an additional Obamacare surcharge of 3.8%, making the total tax rate 23.8% instead of 15%.
“If you like your money, you can keep your money.”
The medicare tax rate is unchanged from 2015.
That estate tax data is off.
Freedom, eh?
I wish people would fact check their “memes” before posting them & they go “viral”/are passed along the FB chain. For one, the last one listed is a “Medicare surtax of 3.8%”...not a “transaction tax”. See:
http://moneyover55.about.com/od/taxtips/a/Medicare-3-8-Tax-What-Is-It-And-How-Will-It-Affect-You.htm
and
http://realtormag.realtor.org/law-and-ethics/feature/article/2014/03/tax-updates-you-should-know
Change it?
Hell, they didn't even read it!
How did it pass without a Pubbie vote? Didn’t the Pubs own Congress in 2014?
