Remember this in November 2016.
As a brief reminder for those who forgot or for many that didn't know.
Here is what happened quietly on January 1, 2016:
· Medicare tax went from 1.45% to 2.35%
· 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%
· Dividend tax went from 15% to 39.6%
· A 3.5% Real Estate transaction tax was added.
Remember these facts:
· 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
If you think that it is important, let everyone in the U.S know. There are millions who don't. Pass it on. If not you, then who will? If not now, then when?
Only you can make a difference. Vote your values!
This is what happened quietly on January 1, 2016.
- Greybeard
- Sharp Shooter
- Posts: 649
- Joined: Mon, 05 Mar 2012 19:53:09
- Location: SouthCentral PA for now - Northern Neck Forever
This is what happened quietly on January 1, 2016.
Karl
Years ago it was suggested that, "An apple a day keeps the doctor away." But since all the doctors are now Muslim, I've found that a bacon sandwich works great!
Years ago it was suggested that, "An apple a day keeps the doctor away." But since all the doctors are now Muslim, I've found that a bacon sandwich works great!
- ShotgunBlast
- Sharp Shooter
- Posts: 3222
- Joined: Sat, 17 Mar 2012 20:46:31
- Location: Richmond
Re: This is what happened quietly on January 1, 2016.
Not exactly.
http://www.snopes.com/politics/taxes/whathappened.asp
In general I oppose giving the government a larger percentage of my miney than most people give to their church.
[ Post made via Mobile Device ]
http://www.snopes.com/politics/taxes/whathappened.asp
In general I oppose giving the government a larger percentage of my miney than most people give to their church.
[ Post made via Mobile Device ]

- MarcSpaz
- VGOF Platinum Supporter
- Posts: 6010
- Joined: Sat, 19 Jan 2013 17:55:20
- Location: Location: Location:
Re: This is what happened quietly on January 1, 2016.
Greybeard wrote: · A 3.5% Real Estate transaction tax was added.
This is actually wrong. Its 3.8% and that is on top of the Capital Gains tax of 28%.
- SHMIV
- Sharp Shooter
- Posts: 5741
- Joined: Mon, 08 Aug 2011 21:15:31
- Location: Where ever I go, there I am.
Re: This is what happened quietly on January 1, 2016.
Any tax that gets into double digit percentages is grotesquely obscene.
[ Post made via Mobile Device ]
[ Post made via Mobile Device ]

"Send lawyers, guns, and money; the $#!t has hit the fan!" - Warren Zevon