Brief Reminder

[Noobz347]

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]

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]

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

 

[Jinx]

This thread needs more briefs:

 

[madspeed]

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.

 

[rbohm]

what about those of us that wear boxers, dont we get some kind of notification?

 

[Jinx]

Another brief reminder:

 

[horse sence]

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

 

[Noobz347]

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

Get out of my box!

 

[horse sence]

That is not your box ,my box is behind the Costco !

 

[rbohm]

Get out of my box!

wrong box noobz, yours is behind the walmart!

 

[DocG]

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]

my box is mobile, so i can move it anywhere i need to.

 

[Ronin38]

I don't need a lousy box, I live under a nice, hard rock!

 

[rbohm]

I don't need a lousy box, I live under a nice, hard rock!

you cheap bastard!! always got to be bringing down the real estate values.

 

[Ronin38]

Not an issue, my rock is nowhere near the Walmart.

 

[rbohm]

Not an issue, my rock is nowhere near the Walmart.

where is it? target?

 

[DocG]

where is it? target?

Oooooh he has a pricey rock.


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[rbohm]

Oooooh he has a pricey rock.


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nah, its just a cheap trinket.

 

[DocG]

nah, its just a cheap trinket.

Been there, done that.


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