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Brief Reminder

  • Thread starter Thread starter Noobz347
  • Start date Start date Jan 31, 2016
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Noobz347

Stangnet Facilities Maint Tech... Er... Janitor
Admin Dude
Jan 4, 1985
43,421
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Box behind Walmart
Jan 31, 2016
#1
  • Jan 31, 2016
  • #1
AS A BRIEF REMINDER FOR THOSE WHO FORGOT OR FOR THE 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.

These taxes were all passed in the Affordable Care Act, aka Obamacare.
 

DocG

5th graders > me. They're not bant
Sep 25, 2005
8,297
1,358
194
Cincinnati area
Jan 31, 2016
#2
  • Jan 31, 2016
  • #2
I didn't vote for him. So tell it to the people that did.

BTW...how long did you spend making things bold and fancy. Take it to the Club.


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Noobz347

Stangnet Facilities Maint Tech... Er... Janitor
Admin Dude
Jan 4, 1985
43,421
21,628
234
Box behind Walmart
Jan 31, 2016
#3
  • Jan 31, 2016
  • #3
DocG said:
I didn't vote for him. So tell it to the people that did.

BTW...how long did you spend making things bold and fancy. Take it to the Club.


Sent from my iPhone using Tapatalk
Click to expand...


I'm sorry but your complaint will have be voted on before we can know what's in it.
 
Reactions: Adieu

Jinx

I like cats, cats like me. Cats and I fully agree.
20+ Year Stangneter
Oct 2, 2003
12,166
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Cat Country
Jan 31, 2016
#4
  • Jan 31, 2016
  • #4
This thread needs more briefs:



 

madspeed

Colonel Mustard
Founding Member
Nov 29, 1999
8,913
1,332
204
a van down by the river
Jan 31, 2016
#5
  • Jan 31, 2016
  • #5
Not sure if I should believe the internet, or the internet?

https://www.truthorfiction.com/2016-tax-increases-due-to-obamacare/

Top Medicare tax went from 1.45% to 2.35%: Most taxpayers will pay 1.45% in Medicare tax in 2016. Top earners ($125,000 individual/$250,000 couple) will pay a 0.9% surcharge, bringing the top Medicare tax to 2.35%, which has remained unchanged from 2013.

Top income tax bracket went from 35% to 39.6%: The top income tax bracket in 2016 ($415,000 individual/$466,950 couple) will be 39.6%, the same as in 2013, 2014 and 2015. The rate was increased under the bipartisan American Tax Payer Relief Act of 2012, not Obamacare.

Top income payroll tax went from 37.4% to 52.2%: The Affordable Care Act set the top income payroll tax at 42.5% effective January 2013; however, that rate does not reflect additional state payroll taxes.

Capital Gains taxes went from 15% to 28%: The maximum net capital gain tax rate is 20% in 2016, but most taxpayers pay less than that. However, a 25-28% tax rate does apply to certain types of capital gains, theIRS reports.

Estate taxes went from 0 to 55%: Overall, estate tax rates have decreased over the last 15 years (the rate was 55% in 2001, and it was set at 40% in 2013). Estates of those who die in 2016 will have a basic exclusion amount of $5.450 million, up from the $5.430 million exclusion in 2015. The basic exclusion is the amount an individual can leave to heirs without paying federal estate taxes.
 
Reactions: Ronin38

rbohm

Founding Member
Apr 12, 2002
6,698
550
204
tucson,az
Jan 31, 2016
#6
  • Jan 31, 2016
  • #6
what about those of us that wear boxers, dont we get some kind of notification?
 

Jinx

I like cats, cats like me. Cats and I fully agree.
20+ Year Stangneter
Oct 2, 2003
12,166
4,237
223
Cat Country
Feb 1, 2016
#7
  • Feb 1, 2016
  • #7
Another brief reminder:


 
Reactions: stykthyn

horse sence

15 Year Member
Nov 29, 1999
12,442
8,402
233
Wile Coyote's stunt double
Feb 1, 2016
#8
  • Feb 1, 2016
  • #8
Just wait until Hillary gets in office ,we will all be in boxers . I have been saving a very nice washing machine box so i am all set
 
Reactions: Adieu

Noobz347

Stangnet Facilities Maint Tech... Er... Janitor
Admin Dude
Jan 4, 1985
43,421
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234
Box behind Walmart
Feb 1, 2016
#9
  • Feb 1, 2016
  • #9
horse sence said:
Just wait until Hillary gets in office ,we will all be in boxers . I have been saving a very nice washing machine box so i am all set
Click to expand...


Get out of my box!
 
Reactions: Adieu

horse sence

15 Year Member
Nov 29, 1999
12,442
8,402
233
Wile Coyote's stunt double
Feb 1, 2016
#10
  • Feb 1, 2016
  • #10
That is not your box ,my box is behind the Costco !
 

rbohm

Founding Member
Apr 12, 2002
6,698
550
204
tucson,az
Feb 1, 2016
#11
  • Feb 1, 2016
  • #11
Noobz347 said:
Get out of my box!
Click to expand...

wrong box noobz, yours is behind the walmart!
 

DocG

5th graders > me. They're not bant
Sep 25, 2005
8,297
1,358
194
Cincinnati area
Feb 1, 2016
#12
  • Feb 1, 2016
  • #12
Stupid, my box is under the overpass. No rain duh.

If you climb way up in there you can feel the heat from the passing cars.


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rbohm

Founding Member
Apr 12, 2002
6,698
550
204
tucson,az
Feb 1, 2016
#13
  • Feb 1, 2016
  • #13
my box is mobile, so i can move it anywhere i need to.
 

Ronin38

Blow all the things!
15 Year Member
Dec 18, 2010
7,238
4,397
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Dayton, OH
Feb 1, 2016
#14
  • Feb 1, 2016
  • #14
I don't need a lousy box, I live under a nice, hard rock!
 

rbohm

Founding Member
Apr 12, 2002
6,698
550
204
tucson,az
Feb 1, 2016
#15
  • Feb 1, 2016
  • #15
Ronin38 said:
I don't need a lousy box, I live under a nice, hard rock!
Click to expand...

you cheap bastard!! always got to be bringing down the real estate values.
 
Reactions: horse sence

Ronin38

Blow all the things!
15 Year Member
Dec 18, 2010
7,238
4,397
224
Dayton, OH
Feb 2, 2016
#16
  • Feb 2, 2016
  • #16
Not an issue, my rock is nowhere near the Walmart.
 

rbohm

Founding Member
Apr 12, 2002
6,698
550
204
tucson,az
Feb 2, 2016
#17
  • Feb 2, 2016
  • #17
Ronin38 said:
Not an issue, my rock is nowhere near the Walmart.
Click to expand...

where is it? target?
 

DocG

5th graders > me. They're not bant
Sep 25, 2005
8,297
1,358
194
Cincinnati area
Feb 2, 2016
#18
  • Feb 2, 2016
  • #18
rbohm said:
where is it? target?
Click to expand...



Oooooh he has a pricey rock.


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rbohm

Founding Member
Apr 12, 2002
6,698
550
204
tucson,az
Feb 2, 2016
#19
  • Feb 2, 2016
  • #19
DocG said:
Oooooh he has a pricey rock.


Sent from my iPhone using Tapatalk
Click to expand...

nah, its just a cheap trinket.
 

DocG

5th graders > me. They're not bant
Sep 25, 2005
8,297
1,358
194
Cincinnati area
Feb 2, 2016
#20
  • Feb 2, 2016
  • #20
rbohm said:
nah, its just a cheap trinket.
Click to expand...

Been there, done that.


Sent from my iPhone using Tapatalk
 
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