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Originally Posted by host
will.... I can't agree that the working poor can afford to pay more than the FICA withholding that they today. Wealth distribution that relegates 150 million to 1/40th of total assets and 7/10 to 30 million of us is symptomatic if afailed system...
The working poor have a better method now, than under will's proposal....they get sick and they qualify for medicare if they have no assets and are too ill to work.
Your idea for reform will only protect folks with assets to lose, like a house or newer car or significant bank assets or other holdings. Our system cannot squeeze taxes from people one step from lapsing into medicare eligibility....so find another way. Those with assets large enough to preserve will and should pay higher taxes for guaranteed medical coverage.... but not the working poor.
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Medicare is a mess. It's about to run out of money and there's constant fraud. Under a universal system, everyone pays in, not just workers paying Medicare taxes. We create a massive pot. I'm not even necessarily suggesting that we raise taxes for the poor. Those that pay for Medicare are probably paying enough. Those of us that are paying exorbitant amounts for private insurance will instead put our money into the universal system, along with the funds that the less fortunate would have put into Medicare. Actually, I'm under the impression that Medicare taxes are a bit high.
The issue of fraud is an interesting one. I wonder how Canada deals with that. Anyone know?