advertisement

Be prepared for tax increases

2015 is the year of the tax.

As of Jan. 1, thanks to Democrats and our fearless leader we get the following:

Top Medicare tax went from 1.45 percent to 2.35 percent; Top Income tax bracket went from 35 percent to 39.6 percent;

Top income payroll tax went from 37.4 percent to 39.6 percent;

Capital Gains tax went from 15 percent to 28 percent;

Dividends tax went from 15 percent to 39.6 percent;

Estate tax went from 0 percent to 55 percent.

In case you forgot, these all passed under the Un-Affordable Care Act, which had zero Republican votes.

Still like our leader and his crew?

James A. Wagner

Barrington