(N.Morgan) In the never ending gauging of our country by the Obama regime, another delightful (sarcasm intended) tax has come to light out of the Obamacare fiasco. It is being presented as the Savings Tax, which in layman’s terms is: a tax, which was adopted as part of the 2010 health-care law, is a 3.8 percent levy on interest, dividends, capital gains and passive business income received by taxpayers with incomes exceeding $200,000 (or $250,000 for couples).
Yet another way for this regime to take every penny we make to pay of the bottomless debt they have incurred. This is tyranny against YOUR hard earned money and another step towards the New World Order being fully implemented.
If you want to see the actual document to this farce, please go HERE.