The Obama Regime does not want you to gain from your personal investments. If Obama’s Finance Reform Bill passes into law, your wonderful government will swallow up the income you would earn from investing. The high tax rate on investment income will allow little room for earnings; so investing will not be worth it.
Obama plans to tax your personal investment income 3.8%…that’s right. ..3.8%….how’s that hope and change working for you? Heck, some investments barely earn 3.8%……do the math!!!
This investment income tax will apply to your interest income, dividends, annuities, capital gain, rents and royalties. That about covers all investing vehicles. The capital gains tax, currently at 15% would rise to 23.8%. So again, why invest?
Obama and the democrats in Washington passed Obamacare well aware of the fact that they did not have the money to pay for it. So now they are scrambling around looking for ways to pay for all of their fabulous promises. Here is where you come in…..someone has to pay for Obamacare….and that is YOU.
The sales pitch the Obama Regime is using on the public is that these taxes will not harm them, it will just attack the rich……try again…..almost everyone nowadays has investments that generate income. So if you invest, you will be taxed!!! Forget about the sales pitch that the administration is giving about just hitting up the rich; it’s a lie.
The Finance Reform Bill is out to get the middle class. Washington knows that the poor do not have money and the rich know how to work around taxation. So who is left to foot the bill….the middle class. How’s that hope and change working for you?
Here’s a hope – in November we replace the self serving political elites in Washington. The change is that the new representatives cancel out all of the Obama promises by repealing and reversing them.
YOU have the power to make that hope and change happen this November. Your power is your vote. Vote the democrat thugs in Washington out of office. You owe it to your children and grandchildren. Over taxation will squelch investment opportunity. To keep America the land of opportunity we need to fire those in Washington who believe that over taxation is the way to pay for their over spending.