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What ObamaCare Means for Your Taxes


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2012 Jun 29, 2:55am   22,946 views  57 comments

by zzyzzx   ➕follow (7)   💰tip   ignore  

http://finance.yahoo.com/news/what-obamacare-means-for-your-taxes.html

But that's not all. Also starting in 2013, all or part of the net investment income, including long-term capital gains and dividends, collected by higher-income folks can get socked with an additional 3.8% "Medicare contribution tax." Therefore, the maximum federal rate on long-term gains for 2013 and beyond will actually be 23.8% (versus the current 15%) and the maximum rate on dividends will be a whopping 43.4% (versus the current 15%). Yikes!

Article fails to mention the other 18 new taxes from Obamacare.

#politics

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57   zzyzzx   2012 Jul 5, 3:15am  

marcus says

Yes, that's a problem. What's your solution ? Give them nothing, until they resort to crime,

The solution is to give them less, a lot less, so that they have incentive to take a job normally done by Mexicans.

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