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%
Remember this 'fact;' if you have any money, the Democrats want it! All these taxes were passed with only Democrat votes. Not one Republican voted to do these taxes. Remember this come election time. And make sure your friends and neighbors know this info too! Maybe we can get enough involved to get this country back next election cycle!!!
These taxes were all passed under the affordable care act, otherwise known as Obama care.