What Obamacare really did.

.

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

Here is what happened,
quietly, on January 1, 2016

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 these facts:
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 as there are many millions who
don’t, then pass it
on.

The method used for passing legislation in Congress should be illegal.   Unrelated items and when I say items, I mean changes in tax codes etc., etc. meaning all areas where restrictions have become law, no matter what the topic, issues unrelated to the main item/program should not be hidden, for passage in the main bill.   Period.   It is passage by deceit.

THIS IS WHAT OUR GOVERNMENT AND IT’S GOVERNORS HAVE BECOME.   WE ARE OVERDUE FOR CHANGE, CHANGE ONLY WE THE PEOPLE WILL BRING ABOUT.

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3 Comments

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  1. Thanks for reminding us of what can happen when the wrong party is in charge! It gives total impetus to make sure it never EVER happens again!

  2. Yes we cannot ever let this happen again our very nation is in such danger because the wrong party was allowed to thrive and manipulate the system

  3. And actually Arlin reminded me..=)

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