Medicare payroll tax rates.

[Lakewood90712]

Anyone have good data on when the medicare trust fund will need an increased tax rate to keep it solvent ? and how much of an increase.

I've seen estimates of anywhere from 2008 to 2018 to complete meltdown , but a payroll tax increase will have to be sneeking up soon.

Is the next congress likely to take action? ?

[maddythebeagle]

If it will make you feel better if they raise the payroll tax rather than have costs paid somewhere else with higher insurance premiums for everyone else/cost shifting, I would lobby for an increased tax....

I guess Al Gore had it right....put it all in a "lockbox"...

[Texas Proud]

Quote:

Originally Posted by Maddy the Turbo Beagle If it will make you feel better if they raise the payroll tax rather than have costs paid somewhere else with higher insurance premiums for everyone else/cost shifting, I would lobby for an increased tax.... I guess Al Gore had it right....put it all in a "lockbox"...

I am just amazed that people actually think there really is a 'lockbox'....

(and yes, I saw your smiley, but some people believe what you wrote...)

[brewer12345]

She said Gore was right, not that there actually was a lockbox.