Learn about the Obama Tax Increases

Are you ready to pay more taxes?
Here is the Obama Tax Plan (not to mention the Supreme Court’s disclosure of the Obamacare Tax Plan) announced 2 years ago:
  • It plans to increase individual tax rates to a 39.6% plus 3.8% which equals 43.4% annual tax rate.
  • Increase capital gains tax rates to 28% plus 3.8% = 31.8%
  • Dividends will be taxed at 39.6% plus 3.8% = 43.4%
  • Increase the amount of healthcare costs to individuals.
  • Reduce itemized deductions by 30%.

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