Obamacare Tax Hikes

What happened on January 1, 2016 by James Harkin on Wednesday, February 3rd, 2016

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%

Estate tax went from 0% to 55%

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 that everyone in the U.S. should know this as there are many millions who don’t, then pass it on

Source: James Harkin