In case you didn't notice. Here is what happened on January 1, 2014 :
Top Medicare tax went from 1.45% to 2.35%, an increase of 62 %
Top Income tax bracket went from 35% to 39.6%, an increase of 13 %
Top Income payroll tax went from 37.4% to 52.2%, an increase of 52 %
Capital Gains tax went from 15% to 28% an increase of 87 %
Dividends tax went from 15% to 39.6%, an increase of 164 %
Estate tax went from 0% to 55%, an increase of infinity . . .
Remember this fact: These taxes were all passed with only democrat votes
No republicans voted for these taxes.
These taxes were all passed under the Affordable Care Act, aka OBAMACARE.
Source: Barrington Financial Advisors, Inc. Registered Investment Advisor
(Celebrating 42 years of Professional Service)