Obomacare hikes these taxes

unknown ^ | 5/9/2014 | unknown

[drypowder]

I received this via email and can't vouch for its accuracy but accordingly:

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.

Remember this 'fact;' if you still have any money, the Democrats want it!

All these taxes were passed with only Democrat votes.

Not one Republican voted to do these taxes.

[drypowder]

only the rich and the poor will have health care, as for the rest of us, too bad

[E. Pluribus Unum]

The peasants can NEVER be taxed too much.

We should be grateful that our White Hut overlords haven't decided to tax us at 110%.

[burghguy]

I don’t believe this is accurate. If it is, it is time to take to the streets and let everyone know what is happening.

[garyb]

IRS publication http://www.irs.gov/publications/p15/ar02.html#en_US_2014_publink1000254685

shows weekly pay roll deduction with one dependent maxes out at:
2,271.36 plus 39.6% $7,865

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I give up on trying to find the rest of the numbers.

[oldtech]

Let me see if I understand this right....in addition to the abuses connected with Obamacare & the cost of premiums,these tax increases shown are in addition to that?

[drypowder]

I don't know the details of each but they are IRS tax code changes written into the ACA. Remember, Pelosi said we had to pass it to find out what's in it.