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.
-
I am not mixing apples and oranges. I am stating 200k net income people are already paying 42.5 percent total tax... isn't that enough? And Medicare is a stressed mess, part A insolvent by 2026. People on SSI get a 2 percent raise and matching rate increase of Medicare takes it
Would you like to see the math? An individual after all the deduction are removed at $200K is being taxed at 28%. And that's if they take only the standard deduction. If they have deductions more than the standard, the rate is lower.
-
-
As to insolvency, both Medicare and Social Security are tied to labor. As long as we have labor, these programs will still have a cash flow. Now, are they stressed? Absolutely, which is why we need to lift the cap off of payroll.
-
I said net 200k, but even at less and 28% + 7.6% is over 35%. So you think taking more than 1 in 3 dollars made from someone is ok and gvmt should take more. Class warfare continued. And lifting the cap for another .55% will not touch the additional cost.
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.