A few points on Medicare For All

Elliot Schroeder Elliot Schroeder 1 Comment

“Today, the Medicare Tax rate is 1.45% for individuals with earned income up to $200,000. Employees and employers each pay 1.45%, for a total of 2.9%. Unlike with Social Security taxes, there is no limit on the income subject to Medicare taxes.” – Medicare only covers 50m people. So it would cost 6 times current rate to cover everyone – …