Here is what happened quietly on January 1, 2016:

[downtownv]

Remember this in 2016.



As a brief reminder for those who forgot or for 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.

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

[ripley16]

FYI, I just bought a new home on 2/4/16 and did not pay a 3.5% tax. Nor did the seller.

[Scarywoody]

If you read http://www.snopes.com/politics/taxes/whathappened.asp it explains the truth about it. This is one of those government "fear" emails.

[Armybrat]

The top end income, capital gains, & estate tax actually increased like that early in Obama's first term when the democrats controlled the Congress.

[TheTman]

Snopes is not the end all to be all, as far as items on the liberal or leftist side of things are involved. I would verify things of that nature with FactCheck.org just to be certain.