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Monday, July 13, 2015

In Case You Missed It or Ignored The News: "Robin Hood" Tactics Are Alive

As a brief reminder for those who forgot or for many who did not know.
Here is what happened, quietly, on January 1, 2015:


Medicare tax went from 1.45% to 2.35%
Top Income tax bracket went from 35% to 39.6%
PUNISH THE WORKERS....TO REWARD THE NON WORKERS

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.
Repeal it.


If you think that it is important that everyone in the U.S. should know this, the many millions who don't yet, then pass it on and leave a comment.
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(Complements of an ARRA News Service reader.)

Tags: Democrats, Affordable  Care Act, Obamacare, increased taxes, now weffective To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!

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