Motley Moose – Archive

Since 2008 – Progress Through Politics

taxes

I think I’m making an impact

I have an elderly beloved aunt who is on way too many RW email lists.  She usually forwards them to me – probably not for fact-check but that’s what she gets.  Here’s the original email:

HOW MANY PEOPLE KNOW THIS…   And what the hell does this have to do with HEALTH OR  CARE??

People on Medicare or go to the VA think, Ah, that doesn’t apply to me.  HA, you just wait for the other shoe to drop.

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   Veritas Vos Liberabit

        Semper Vigilis, Fortis, Paratus, Et Fidelis

Here is what happened on January 1st, 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%

Dividends tax went from 15% to 39.6%

Estate tax went from 0% to 55%

Remember this fact:  if you have money, the democrats want it.

These taxes were all passed only with democrat votes, no republicans voted for these taxes.

These taxes were all passed under the affordable care act, otherwise known as Obama care.

Remember this in November 2016, remind your children as well.

The Affordable Care Act (ACA) has changed the healthcare insurance landscape. Some of the most important changes stemming from Obamacare center around taxes. Under the ACA, the total amount of new taxes on individuals and businesses will climb to $500 billion by 2023.

Altogether, there are 21 new taxes linked to the ACA.

http://www.investopedia.com/ar…

Don’t let the bankers get away with this!

If, like me, you are of the 96 million Americans who rely on a not-for-profit credit union for fairly priced financial services, it’s not too late to make your voice heard.  Finance Committee leaders are working on a proposal for a new U.S. tax code and Big Banks are asking them to pick the pockets of Credit Union members.

Banks pushing for repeal of credit unions’ federal tax exemption

The Big Banks have armies of lobbyists loaded with cash and they are pressuring Congress to revoke the income tax exemption for not-for-profit Credit Unions. The Big Banks don’t like the competition and they especially don’t like the market pressure that forces them to rein in fees.

Credit Unions have their members, their voices, and their stories. It’s time to use them.

Millionaire's Tax: A No Brainer?

It’s amazing that there’s pushback on raising taxes on the wealthy from anyone other than the rich, but there always will be, so long as the GOP can convince the middle and lower class rank’n’file that placing higher taxes on the rich is socialism or deadly to the economy. Sometimes phrasing matters, and it’s important to note that Republicans seem to have an advantage when it comes to controlling the narrative. I’ve never been sure exactly why this is: do we just not fight back hard enough, or is the reach of Fox “News” really that broad? My guess is that it’s a combination of factors.

Just seems to me like a pretty raw deal for most of the country when the wealthy don’t even have to pay their fair share.

Palin Stalling on Her Own Taxes

WASHINGTON (AP) – Sarah Palin requested and received an extension of the deadline for revealing her personal finances, until the day after her debate with Democrat Joe Biden.