Their results show that no cohort of Americans, with the possible exception of the very affluent, pays enough I Medicare taxes and premiums to cover their costs. The gap is growing over time, too.
Two married 66-year-olds with roughly average earnings over their lives will end up paying about $110,000 in dedicated Medicare taxes through the payroll tax, including the portion their employers pay. They can expect to receive about $340,000 in benefits. Two average-earning 56-year-olds will pay about $140,000 and get back about $430,000 in benefits.
http://www.nytimes.com/2011/04/06/business/06leonhardt.html?_r=1
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore