So you want a Democrat as president?
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North Cape May - So you want a Democrat as president? Here is what happened, quietly, Jan. 1. 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.
Print Publication Date:
2/10/2016