Obamanomics: if you have money, the democrats want it.
In Case You Didn’t Notice
Happy New Year America
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 with Democrat votes only no Republicans voted for these taxes!
These taxes were all passed under the affordable care act, aka Obamacare.
If you think that it is important that everyone in the U.S. should know this, please pass this on to everyone you know.
Wake up America !
These are the tax increases that were included in the OCA that the mainstream media neglected to report on in their biased coverage of the legistlation.
Transfer of wealth. If you belive that such a concept is achievable, then you are delusional.
Those that have it taken from them lose their desire to work so hard for it.
Those that receive it lose their desire to work.
The net effect is a spiraling race to the bottom.
Carrying out the wealth transfer plan that existed before he was elected. It’s a zero sum view of the economy.
Michelle said it most plainly:
“During a North Carolina 2008 campaign stop Michelle Obama said:
“The truth is, in order to get things like universal health care and a revamped education system, then someone is going to have to give up a piece of their pie so that someone else can have more.” – Michelle Obama 2008”
It’s not like they didn’t tell us exactly what they planned to do.