[sparkscoffee] Re: New Tax Rates
- From: "" <dmarc-noreply@xxxxxxxxxxxxx> (Redacted sender "Sblumen123@xxxxxxx" for DMARC)
- To: sparkscoffee@xxxxxxxxxxxxx
- Date: Thu, 1 May 2014 11:55:10 -0400 (EDT)
RR
Wowee, what a gloom and doomer, hook, line and sinker swallower!
Comrade B, the senile one
In a message dated 5/1/2014 8:48:33 A.M. Eastern Daylight Time,
ristad@xxxxxxxxxxx writes:
In 2014, Americans will pay $3 trillion in federal taxes and $1.5 trillion
in state taxes. Believe it or not, according to the _Tax Foundation_
(http://r20.rs6.net/tn.jsp?f=001Rpeczgr6HOFur_KyoI43D1dwExuGyNKLn2oBkvEdtYzTgO1bB-
X-_JGwOwe9DntzS7RKZ1v4rLOSLeSAq99k2ysXhLECJWHRkqbcv0305oVY31AYEILVOpOg0LEeJ3
XqwiNjkc4nBDuUJQUSIYPcixAQT2Jp5gsFm-65fZgJ6gs=&c=_sVfYI5AIdouFYx9qiEFOoXw47f
9VPJhi7mgJJ6K4VL_MH8l0OilZQ==&ch=UZhxuEsY8DPEDRdvEOBA0Tw497i-D8-re6MI5a0FllI
NfI901oQOvQ==) , that means more of your income is being spent on taxes
than on food, clothing and housing combined!
Here is what happened as of 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%
All this was in the Affordable Health Care Act. Remember Nancy Pelosi said
we had to pass the bill to see what was in it. Also remember that George
Orwell, in his book 1984, said the government will name things exactly the
opposite of what they are. The Affordable Care Act, the Patriot Act, the
Dream Act, No Child Left Behind, etc.
-RR
....
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