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2014 Tax Return


Remember you will not feel any of this until you file your 2014 tax return(s); NEXT YEAR!
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%

Dividends tax went from 15% to 39.6%

Estate tax went from 0% to 55%

Remember this fact: if you have money, the democrats want it.
These taxes were all passed only with democrat votes, no republicans voted to do these taxes.

These taxes were all passed under the affordable care act,
otherwise known as Obama care. If you have sitting Democratic
Representatives or Senators in your state who are running for
election this year, here is your chance to get rid of them.

KEEP this Email as a REMINDER
Entry #422


dallascowboyfanComment by dallascowboyfan - April 18, 2014, 9:14 am
Thanks CT we need to get the word out.
MADDOG10Comment by MADDOG10 - April 18, 2014, 9:49 am
Shared this on Facebook CT. I hope this is going to be the nail in the Democrats coffin...!
inittowinComment by inittowin - April 18, 2014, 9:55 am
"The dems have to fund the unaffordable care act some how!" says wide eyed Pelosi... as Harry Reid stands behind her at the podium, shaking his head up & down like a bobble head mounted on a cars dashboard.
emilygComment by emilyg - April 18, 2014, 10:33 am
Forwarding this.
sully16Comment by sully16 - April 18, 2014, 1:14 pm
Thanks Coin
Drenick1Comment by Drenick1 - April 25, 2014, 7:58 am
As much as I hate new regulations and taxes there are several statements that are incorrect.
Top tax bracket was changed starting with the 2013 filing year.
Payroll tax was never 37% and hasn't changed to $52% even for highest income earners. It is 6.45% for an employed worker and 12.9% for an employer. There is an additional 3.8% surcharge for the top earners.
Cap gains went up in 2013 to 20% and the estate tax was 0% only for 2010 and had been at least 45% since that time. That Federal tax is only applied on an estate in excess of 5.25 million in value and it goes up each year with CPI being the factor.

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