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Gillibrand proposes 4% new payroll tax to pay for Medicare for all

Posted on 2/16/19 at 3:31 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69251 posts
Posted on 2/16/19 at 3:31 pm
Seems woefully insufficient to collect an additional 3.3 trillion in revenue
Posted by Strannix
District 11
Member since Dec 2012
48848 posts
Posted on 2/16/19 at 3:33 pm to
Who wants fricking Medicare anyway, good lord these leftists have such low goals
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19496 posts
Posted on 2/16/19 at 3:34 pm to
It’s lovely when a person I’ve never met comes up with a way to take my money from me.

I don’t care what the purpose is. Hands out of my pockets.
Posted by Deuces
The bottom
Member since Nov 2011
12361 posts
Posted on 2/16/19 at 3:35 pm to
Will this apply to her? Of course not. Bitch.
Posted by Magician2
Member since Oct 2015
14553 posts
Posted on 2/16/19 at 3:36 pm to
Haven’t multiple independent studies researched it would cost $20-30 trillion over a 10 yr span?

Love to see the why Gillibrand thinks $3 trillion would do it. Let’s see some facts and statistics.
Posted by Taxing Authority
Houston
Member since Feb 2010
57092 posts
Posted on 2/16/19 at 3:38 pm to
quote:

Gillibrand proposes 4% new payroll tax
Where's the rest of the money going to come from?
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19496 posts
Posted on 2/16/19 at 3:39 pm to
quote:

Love to see the why Gillibrand thinks $3 trillion would do it.


The $3trillion is to open the door. Once the program is in place, it’ll become a necessity like every.other.marxist.scheme. And when you can’t get rid of it, the only choice is to throw more and more money at it to keep it afloat.
This post was edited on 2/16/19 at 3:40 pm
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 2/16/19 at 3:39 pm to
quote:

Gillibrand proposes 4% new payroll tax to pay for Medicare for all


2% by employer and employee or will employers have to match the 4% for a total of 8%?

And... I forgot to add:
This post was edited on 2/16/19 at 3:40 pm
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45171 posts
Posted on 2/16/19 at 3:42 pm to
quote:

4% new payroll tax to pay for Medicare for all



Posted by Yat27
Austin
Member since Nov 2010
8108 posts
Posted on 2/16/19 at 3:42 pm to
quote:

4% new payroll tax to pay for Medicare for all

Lies
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105390 posts
Posted on 2/16/19 at 3:43 pm to
Wait what? Only the most wealthy right?
Posted by CleverUserName
Member since Oct 2016
12520 posts
Posted on 2/16/19 at 3:46 pm to
Four percent?? Four more percent?

Four total or four for workers and four more for employers?

Either way that is crippling. That would be absolutely devastating to all size businesses. And more especially smaller ones. That would make Medicare roughly half of what social security is as figured by total liability between the business and employee.

In layman’s terms. Take out your check stub from Friday, divide the social security in half, and that would approximately be your new Medicare tax.

These people are just insanely stupid. Now what was someone on here earlier saying about how dumb posters on here are about economics? This is your party dumbass.
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37595 posts
Posted on 2/16/19 at 3:48 pm to
quote:

Gillibrand proposes 4% new payroll tax to pay for Medicare for all



Posted by mauser
Orange Beach
Member since Nov 2008
21450 posts
Posted on 2/16/19 at 3:48 pm to
Why can't they just do this in New York state and show us how it's done?
Posted by SCLibertarian
Conway, South Carolina
Member since Aug 2013
35960 posts
Posted on 2/16/19 at 4:05 pm to
Gillibrand has no idea how Medicare works. It's not free healthcare. It's not even close.

-There is a Part A deductible for those without 40 quarters of sufficient work coverage.

-Part A deductible for days 1-60 is over $1,300.

-Part A deductible for days 60-90 is over $330 per day.

-Part A deductible for days 91-150 is over $670 per day.

-Days 150+ nothing is covered.

-For Part A's skilled nursing care, there is a $170+ per day deductible for days 21-100.

-Days 100+ nothing is covered.

-There is a monthly $135.50 Part B premium.

-There is a $185 Part B deductible and even then Medicare only covers 80% after the deductible is satisfied.

Most people on Medicare have to purchase a Medicare supplement to cover these gaps and then you have to add on a separate Part D premium. So you have most folks paying between $300 and $500 per month to cover their premiums, supplements and drug plans.

To make matters worse, many states, mine included, expressly prohibit people from purchasing a Medicare supplement prior to their initial enrollment period leading up to their 65th birthday. You can't even obtain a Medicare Advantage plan if you're under 65 unless you've been collecting disability for 24 consecutive months. Unless this is changed as well, Medicare for all isn't feasible. This is demagoguery at its worst, but we shouldn't expect anything else from Kirsten Gillibrand.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/16/19 at 4:07 pm to
quote:

Seems woefully insufficient to collect an additional 3.3 trillion in revenue
In fact, it would generate about $64B

And that's assuming the tax had a zero impact upon economic activity(a dubious assumption to say the least)

So yeah. A crack short
This post was edited on 2/16/19 at 4:14 pm
Posted by LSUwag
Florida man
Member since Jan 2007
17319 posts
Posted on 2/16/19 at 4:09 pm to
What about all the deadbeats that refuse to work?
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 2/16/19 at 4:12 pm to
quote:

To make matters worse, many states, mine included, expressly prohibit people from purchasing a Medicare supplement prior to their initial enrollment period leading up to their 65th birthday.


Perhaps I'm missing something, but why would you need a medicare supplement if you aren't on medicare?
Posted by WesternChauvinist
Member since Sep 2018
445 posts
Posted on 2/16/19 at 4:14 pm to
Absent from all these leftist healthcare proposals is any contribution from the supposed beneficiaries in the form of copays or deductibles. I get my FAA medical done twice a year at a clinic that treats these parasites as part of that doc's primary practice and they all are playing on multiple smart phones and devices in the lobby and travel in vehicles with accessories worth more than the value of the vehicle itself. Why doesn't any of these proposals require a $5 or $10 copay for service usage like we all face when we use our private insurance? I believe there was a bill in the La Legislature for this last session and it didn't even get out of committee. Why? Not even I want people dying in the streets, but if you are trying to engineer a legit healthcare proposal to cover these parasites, why are they never expected to contribute anything? The social compact in this country is dead.
Posted by Indefatigable
Member since Jan 2019
26067 posts
Posted on 2/16/19 at 4:17 pm to
Setting aside the merits of a singleness payor/Medicare for all system for a moment, habout a % cut in all government spending across the board to fund Medicare for all? We could easily, easily, easily find the money. We won’t because of K Street, but it’s there.

Taxing people more doesn’t mean they pay less for health coverage. It just means they pay for it without noticing via payroll tax.

Eliminate the DoE, the VA, and a couple of other executive departments that are either frivolous or performing duties originally left to the states. Along with an across the board cut in spending.


There’s your medical care for all money. Vacuuming up more tax dollars is not the answer, they’ll be back for more within ten years.
This post was edited on 2/16/19 at 4:19 pm
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