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To: michael97123 who wrote (116421)5/26/2005 5:10:39 PM
From: JDN  Read Replies (1) | Respond to of 793742
 
Well, the monthly premium paid by recipients is in addition to the Medicare taxes they paid when working. The Fica taxes are not for your own account, ie privatization, but for the already retired recipient. So there is a difference. Plus, with total fica taxes about 14% seems to me that is WAY MORE then should be required for a decent retirement. Most of my life I saved 10%, invested it, and was able to retire at age 47. jdn



To: michael97123 who wrote (116421)5/26/2005 5:11:47 PM
From: Bill  Read Replies (2) | Respond to of 793742
 
It's the opposite of that, Mike. Asking Medicare recipients to pay for their own care is a lot different than asking you and me to pay for it.


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