Didn't stop the President from hailing that as a "tax cut". Isn't it fair to say that taxes have now been raised on all wage earners who don't work for themselves?
Yeah, top marginal rate in California pays 13.3% income tax. along with a 9.5-10% sales tax... :MARIS61: more on the way too. eventually it'll probably break the camel's back and I need to bone the fuck outta here. but its really a preview of coming attractions for the rest of the country.
I'm at that state income tax rate. I'm paying 38% now for both state and federal. That's excluding unemployment and social security I will never see when I retire.
6.2% has been the normal tax rate for years,and this year the rate has gone back to normal. I'm glad I had the chance to invest more last year. now THAT I am happy about. The executive branch isn't raising your taxes.
That percentage was allocated into my 401K. My money manager is the same as my dad's. On top of $3800 a month pension through UPS, I'm gonna be able to crack into a pretty 401K when I retire. Damn Union.
Dedication and diligence, knowledge of my craft, and referrals from satisfied customers = "luck". Real estate here in Beautiful Central Oregon is selling like hotcakes right now! Busiest winter I've had in 6 years.
Guess again. http://jeffduncan.house.gov/full-list-obamacare-tax-hikes Surtax on Investment Income (Takes effect Jan. 2013): A new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single).
Nope. It's a mandate from Obamacare. This one falls squarely on Obama and his ramming a terrible bill down American's throats.
Mine's down a little, but it won't change how we live. We may put just a little less into savings, but even that might not happen depending on investments/options.
