Tuesday, May 20, 2014

Are We Screwed Yet?

[One of these things that floats around the rite-wing internet. Maybe should have gone on the other blog.]
Here is  what happened on January 1st 2014:

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%

Estate Tax went from 0% to  55%

These taxes  were all passed under the Affordable Care Act, otherwise known as ObamaCare.

All these taxes were passed  with only Democrat votes.

Not one Republican voted to do these taxes.

Feel screwed, yet?


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