ObamaCare Slaps 3.8% Net Income Tax On Individuals Net Investment Income From Trusts And Estates

As if losing your health plan and doctor you were promised wouldn’t happen wasn’t bad enough, now the obamatax lives up to the nickname it was given after Justice Roberts upheld it! Any trust/ estate starting at a low threshold of just $11,950 income will be taxed! Let’s be clear this is a tax on the income from the trust and estate not the net value.

This is one of the many gems buried in obamacare in which we had to pass the bill to find out whats in the bill.

The American people were defrauded at the highest level! I would like to know why people are not up in arms at this point marching on DC, marching on their Senators and Representatives who pushed and stand by this law? We are just about at the point for Pitchforks and Torches!