SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JohnM who wrote (240714)12/30/2013 10:37:57 AM
From: Bread Upon The Water  Read Replies (1) of 541114
 
My point is/was that the subsidization of Medicare et al was mandatory. The citizenry weren't given a choice to sign up for paying the taxes to support it--unlike the AFCA in which they can refuse to enroll if they determine it is not in their economic interests to do so.

Whether the Medicare programs would have come about had the citizens been given the option of having the their withholding taxes not deducted we will never know. Whether the young would opt out of Medicare now if given the choice of not having the withholding withheld we will not know either.

Those programs (Medicare etc.) are not an apple to apple comparison to the AFCA as the Medicare tax is the same percentage for everyone--- Unlike the AFCA which makes some people pay more (on a percentage basis) to subsidize the others.

The young are not being told they must support the old and sick in the AFCA--I agree--but that is a sin of omission IMHO. The rate distribution and cap on premiums for the older AFCA participants is being subsidized by higher rates put on the young and healthy and affluent (non subsidized persona). A lot of them I think will figure that out. What they do with that information is the question to be answered--as you acknowledge.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext