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Remember -- if you have significant capital gains, that will push you into the higher bracket and you pay an additional 3.8% on "investment dividends, rental income and capital gains.", which will discourage investments, which are taxed already.

This all is aimed at collapsing the economy and have socialism take its place -- "the government will take care of you", you don't need a paycheck, they will just allocate you food, clothes, medical care, etc -- this is just the first step.

... and you think I'm kidding...

1 posted on 12/26/2013 9:02:28 PM PST by Innovative
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To: Innovative

Hitting the middle class the hardest, I bet.


2 posted on 12/26/2013 9:05:04 PM PST by Salvation ("With God all things are possible." Matthew 19:26)
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To: Innovative
They’ll also pay an extra 3.8 percent Medicare tax on unearned income, such as investment dividends, rental income and capital gains.

The economy has no chance.

4 posted on 12/26/2013 9:12:09 PM PST by TigersEye (Stupid is a Progressive disease.)
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To: Innovative

People who bust their ass for a living are about to pay out the ying yang for Barry Soetoro’s “signature” achievement. “Embrace the suck!”


5 posted on 12/26/2013 9:14:30 PM PST by FlingWingFlyer (The Truth Is Out There. Just don't let anyone know that you're looking for it.)
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To: Innovative

Funny how Great Leader says he won’t enforce the deadlines. I’m certain he will enforce the fees.


8 posted on 12/26/2013 9:26:18 PM PST by AD from SpringBay (http://jonah2eight.blogspot.com/)
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To: Innovative

We sounded the alarm.
Ted Cruz sounded the alarm.
I do not understand why America is grabbing it’s ankles.


10 posted on 12/26/2013 9:33:34 PM PST by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: Innovative

people have not even digested the first wave and here comes the second..


11 posted on 12/26/2013 9:36:24 PM PST by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: Innovative

My family is the principal share holder of a S-corporation. The company shows a nice gross profit and a great net ,(on paper).

We do pull income from the company that helps us live a comfortable (for a 70 year old man and wife) life.

The company has 29 employees with an average employment of 20 years. I started it in 1970 with just myself and one other.

I had to get off the medical plan and go on medicare, part a b (medicare for D)
I retired at 62 and began to draw SSI. My latest SSI check was 1770.00.

When I signed up for the Obummer health plan I was told “Your income
(because as a Sub S status) your company showed a great taxable income,
even if you didn’t get it, we are taking 350 a month from your SSI benefits to help offset the people that don’t make what you do.
Somehow I do not feel better about not being able to stay with my family Dr. unless I pay a 8,000 deductible.


28 posted on 12/27/2013 3:26:43 AM PST by primatreat ("I suffer too" .My Obamacare medical plan is being taken out of MY SSI check without my permission..)
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