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A Modest Proposal

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23 December 2020, 10:24 PM
Steve Miller
A Modest Proposal
What if the eligibility age for Medicare was lowered every year?

I can see this working.


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Life is short. Play with your dog.

23 December 2020, 10:31 PM
pianojuggler
And the income threshold at which you stop paying into it gets raised a few thou every year.

Bill Gates and Jeff Bezos pay Medicare tax on just the first $200k of their wages... if they get "wages" at all.


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pj, citizen-poster, unless specifically noted otherwise.

mod-in-training.

pj@ermosworld∙com

All types of erorrs fixed while you wait.

23 December 2020, 10:58 PM
Jack Frost
quote:
Originally posted by pianojuggler:
And the income threshold at which you stop paying into it gets raised a few thou every year.

Bill Gates and Jeff Bezos pay Medicare tax on just the first $200k of their wages... if they get "wages" at all.


I thought there was no limit on the Medicare tax, as opposed to the ss tax for which there is a limit


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Be calm, be brave, it'll be okay.

23 December 2020, 11:26 PM
Steve Miller
Nope. Don’t change anything else. Just change eligibility and let the market adjust. Monitor what happens and do it agin in 2023.

One page bill.


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Life is short. Play with your dog.

24 December 2020, 10:46 AM
pianojuggler
You’re right. I confused it with SS. Above $200k, one pays a small additional amount.


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pj, citizen-poster, unless specifically noted otherwise.

mod-in-training.

pj@ermosworld∙com

All types of erorrs fixed while you wait.