Economy


Vermont Loon Watch

If you’re wondering why the economy just sputters and now the markets indices are down, here’s some good reasons. You cannot take money out of circulation where it is spent, and squander it on worthless governmental programs that produce nothing but more poverty.

Here is what happened on July 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%
  • Dividend Tax went from 15% to 39.6%
  • Estate Tax went from 0% to 55%
  • These taxes were all passed under the Affordable
  • Care Act, otherwise known as ObamaCare.

All these taxes were passed with only Democrat votes.

Remember this:
If you have any money, the Democrats want it!

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