Remodeling Maidiac
Diamond Member
- Banned
- #1
10% tax rate jumps to 15%
25% tax rate jumps to 28%
28% tax rate jumps to 31%
33% tax rate jumps to 36%
35% tax rate jumps to 39.6%
55 billion cut from domestic programs
55 billion cut from defense programs
Social Security payroll tax goes from 4.2% to 6.2%
Estate tax top rate jumps from 35% to 55%
Capital gains top rate jumps from 15% to 20%
Dividends will be taxed at regular income tax rates
Child tax credit is cut by 50% to 500.00
Marriage penalty tax returns
Alternative minimum tax hits many more
Extended UE benefits expire
Medicare payments to Dr's to be cut by 30%
All kick in at midnight December 31st. This is a disaster in the making. Some economists have speculated that this will kill growth by 1%. Since we're barely growing at 1% now this may very well stall the economy completely and send us spiraling back.
25% tax rate jumps to 28%
28% tax rate jumps to 31%
33% tax rate jumps to 36%
35% tax rate jumps to 39.6%
55 billion cut from domestic programs
55 billion cut from defense programs
Social Security payroll tax goes from 4.2% to 6.2%
Estate tax top rate jumps from 35% to 55%
Capital gains top rate jumps from 15% to 20%
Dividends will be taxed at regular income tax rates
Child tax credit is cut by 50% to 500.00
Marriage penalty tax returns
Alternative minimum tax hits many more
Extended UE benefits expire
Medicare payments to Dr's to be cut by 30%
All kick in at midnight December 31st. This is a disaster in the making. Some economists have speculated that this will kill growth by 1%. Since we're barely growing at 1% now this may very well stall the economy completely and send us spiraling back.