Here is what happened on January 1, 2015
Top Medicare tax went from 1.45% to 2.35%
Top Income tax bracket went from 35% to 39.6%
Top Income pay roll 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%. I will not leave an estate I will give it all away or spend it all first
Remember this fact:
These taxes were all passed only with democrat votes, no republicans
voted for these taxes.
These taxes were all passed under the Affordable Care Act, aka Obamacare.
Happy New Year!!!