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According to the Policy Ed video, only 37% of Medicare expenditures are funded by payroll taxes. Per other sources, after Medicare beneficiary premiums (and other
According to the Policy Ed video, only 37% of Medicare expenditures are funded by payroll taxes. Per other sources, after Medicare beneficiary premiums (and other sources) are considered, the federal government still covers more than 55% of Medicare expenditures from general tax revenue.
What does this mean in the sense of how much the federal government (i.e., tax payers) finances/subsidizes care for Medicare beneficiaries (as opposed to Medicare beneficiaries paying directly for care)?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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