On 1 Jan 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.
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) - by line items.
