M
Monte_RCMS
Guest
There has always been a payroll tax dedicated to Medicare.Actually, in the case of Medicare that is not true. The only part of Medicare that is paid for through the payroll tax is part A. If we got rid of parts B and D it would be a lot more sustainable. Those are heavily subsidized by general tax revenue.
Not surprising given that they are government welfare programs.
Once again, Medicare and Social Security are government programs that have no justification. Old age is predictable, so people can easily plan for their own expenses in old age. Or they can work, or they can get help from their families. There is no need for Medicare at all, if people are really destitute there is always medicaid.
I just looked it up to verify.
kff.org/medicare/fact-sheet/medicare-spending-and-financing-fact-sheet/
Lots of finds on Google verify this.
Justification for Social Security and Medicare?
But they could be much better managed. No question.