Everything Changes for Your Taxes as of July 1, 2014

Everything Changes for Your Taxes as of July 1, 2014

DO YOU KNOW WHAT HAPPENED TO YOU JULY 1, 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%
  • Dividend Tax went from 15% to 39.6%
  • Estate Tax went from 0% to 55%

These taxes were all passed under the Affordable Care Act, otherwise known as ObamaCare.

Who’s Fault is This? READ ON…

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