by David Schectman, MilesFranklin.com:
Starting this year, an appalling 21 new taxes go into effect to pay for Obamacare. For starters, you’ll pay more in capital gains taxes. And taxes on dividends are going up, too.
Most Americans are already struggling to save for retirement… but all these new taxes are a real slap in the face to responsible citizens who are planning for a better life.
And then there is the Internet tax that is lurking in the shadows. And rising state taxes too. Every dollar taken by government in the form of new and additional taxes is a dollar no longer available to spend in the economy. Most Americans are really struggling just to get by. Saving is becoming very difficult since rising prices and rising taxes are taking away the extra money that could be used for saving – or buying gold and silver. And it will only get worse.
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