Sunday, January 31, 2016
THE SILENT, "PICK YOUR POCKET" TECHNIQUE DONE SMOOTHLY AND QUIETLY ON JAN. 1st, 2016.
Medicare Tax went from 1.45% to 2.3%.
Top income tax bracket went from 35% to 39.6%
Top Income payroll Tax went from37.4% 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 3.55 Real Estate Transaction tax was added.
NOTE:
These taxes were all passed as earmarks to the Affordable Care Act aka "Obamacare".
Aren't earmarks wonderful?? Just sayin'.
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