the 2015 tax changes created by dems and the bamster

I have a friend and colleague emergency physician who was previously a Sniper as an enlisted man, then an officer before he decided to be a physician–remarkable Mike.

He sent me this list enough to piss off the most cooperative citizen.

Thanks Mike, for the reminder that we are screwed by these socialist statists:

Subject: Hello 2015

Hello 2015

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

Here is what happened, quietly, on January 1, 2015:

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 this fact:
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.

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5 responses to “the 2015 tax changes created by dems and the bamster

  1. He forgot to add that out of pocket medical expenses also went up and the cost of insurance itself went up.

  2. This looked so awful that I checked it on Snopes.com. I entered “federal tax raised by obama care jan 2015” and the article says that it is mostly false and the percentages are incorrect. I hope that they are right!

  3. no, i would never believe the snopes people, they are a couple of leftist holed up in San Francisco.

    Not reliable, never have been.

    • Snopes is often useful, but as with any biased source it needs to be double-checked. In this case, it’s rather a mixture. They overstate their objections, as they often do with political controversies.

      The big issue is that most of these changes phased in as part of 2013, not 2015. And there are percentage discrepancies, primarily in the treatment of non-qualified dividends (which are treated as ordinary income, and thus subject to the same 39.6% top rate). But it’s thus only up from 35%, not 15%. The capital gains top went to 20% rather than 28%.

      Snopes makes a big deal out of claiming that these taxes have “nothing to do with Obamacare.” This is incorrect. It’s a mixed bag, but some of this is directly traceable to that.

      Moreover, your list misses many Obamacare taxes that will apply to businesses, some of which have not kicked in yet. These affect not just businesses from sole proprietors to large firms, they affect everyone, as the price increases must necessarily be passed on if the business is to survive. You will thus have a higher price, or fewer choices. Here’s a discussion and list that tries to be favorable to Obamacare, or at least sound positive or neutral:
      http://obamacarefacts.com/obamacare-taxes/

      ===|==============/ Keith DeHavelle

    • Here’s a different list, arranged by national financial impact and with some new (and older) items:
      http://jeffduncan.house.gov/full-list-obamacare-tax-hikes

      ===|==============/ Keith DeHavelle

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