Thanks, great question! On Day 1, I’d support expanding Medicare eligibility to everyone 55 and older. Then, we work out the kinks for further expansion and offer it to everyone. https://t.co/2Q0uG4qpRY
This Tweet is unavailable.
-
Hey Mark not to get to weedy but you’re mixing apples and oranges here. Assuming a $200K salary, first one finds the gross taxable income which is less than total income. Next, you must use a marginal tax rate to find the rate to pay and it is rarely 35%.
As you pointed out to me, this fictional person making $200K is only paying 7.5% on the first $132,900 and only 1.4% thereafter. This person is not paying 35% + 7.5% = 42.5% tax. That’s not how you find the taxable rate on income.
-
-
Let’s talk about how we can help people who don’t get a break, tax or otherwise, get ahead.
-
As to your point about payroll tax not paying for it, likely there won't be just one source used to offset the costs. I advocate for a premium as we currently have in the Medicare system. I am not about "free."
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.