Hold onto your drawers.

[joseph]

Looks terrible when seen in its entirety. Read and remember



Hello 2015…


As a brief reminder for those who forgot or for
many that didn't know

Here is what happened, quietly, on January 1, 2015:

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 this fact:
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, the many millions who don't yet, then pass it on.

 

[Evadd]

A lot of false information there. This is another one of those "pass it on!" inaccurate spammie things to get people riled up. Any tax hike is BS in my book, but at least give correct info.

Examples:
The top marginal tax rate on dividends increased from 15% to 20% (not 39.6%).

The American Taxpayer Relief Act of 2012 passed Congress by a margin of 89-8 in the Senate with 40 Republican votes in favor, and a margin of 257-167 in the House with 85 Republican votes in favor.

 

[Rob Boudrie]

The American Taxpayer Relief Act of 2012 passed Congress by a margin of 89-8 in the Senate with 40 Republican votes in favor, and a margin of 257-167 in the House with 85 Republican votes in favor.

Any time we're getting screwed, they pick the opposite name.

Require banks to report on their customers - "Bank secrecy act"

Destroy the last vestige of redeemability of fiat currency for precious metals - "monetization of the dollar"

Shred the constitution - "Patriot act"

Extend the authorization to bypass the constitution - "Freedom Act"

 

[the_shootist]

Any time we're getting screwed, they pick the opposite name.

Require banks to report on their customers - "Bank secrecy act"

Destroy the last vestige of redeemability of fiat currency for precious metals - "monetization of the dollar"

Shred the constitution - "Patriot act"

Extend the authorization to bypass the constitution - "Freedom Act"

Me thinks we're beginning to see a pattern here

 

[Rob Boudrie]

Me thinks we're beginning to see a pattern here

Yup.... I dread the day the pass the "due process for warrants" act.

 

[Shovelheddrew]

Yup.... I dread the day the pass the "due process for warrants" act.

For the love of the red faced sweet baby jesus stop giving them ideas. /no really lol

 

[NHAtHeart]

Also, I believe the medicare tax goes to 2.35% on income over 250k or something. Not that it's not real, but it's not an across the board increase.

 

[Beansie]

Also, I believe the medicare tax goes to 2.35% on income over 250k or something. Not that it's not real, but it's not an across the board increase.

There is quite a bit of spin in that copy paste in the OP, lol. I'm no fan of the ACA, but the above is no way to fight it. Integrity matters.

 

[PaulR]

A lot of false info? or ALL false info?

 

[NHAtHeart]

A lot of false info? or ALL false info?

Most of it is either entirely false or just false by omission of the full details.

 

[Beansie]

A lot of false info? or ALL false info?

For intelligent discussion about how bad the ACA is? Better to call it all false and re-write it. You'd spend so much time clearing up the mud in that post it wouldn't be worth it.