The Wealthy Benefit from Hundreds of Billions in Tax Subsidies that Could Go Towards Healthcare “…Public funds help the vast majority of Americans pay for care, but these funds flow through many different spigots. The funding streams for the poor, the elderly, veterans, family planning, and public sector workers are visible and hotly debated. Meanwhile, the hundreds of billions in […]
Continue readingU.S. Funds More Healthcare via Taxes than Other Developed Nations
U.S. Funds More Healthcare via Taxes than Other Developed Nations “As is well known, US health care costs are far higher than those in any other nation (Table 3). However, the high level of tax-funded spending in the United States receives less attention. Indeed, tax-funded health expenditures in the United States account for a larger […]
Continue readingImmigrants Paid 14.7% of the Medicare Trust Fund and used 7.9% in 2009
Immigrants paid 14.7% of the Medicare Trust Fund and used 7.9% in 2009 “Many immigrants in the United States are working-age taxpayers; few are elderly beneficiaries of Medicare. This demographic profile suggests that immigrants may be disproportionately subsidizing the Medicare Trust Fund, which supports payments to hospitals and institutions under Medicare Part A. For immigrants […]
Continue readingSavings Dramatically Reduce Need For Additional Revenues
Savings Dramatically Reduce the Need for Additional Revenues “..Overall, the ten-year national savings on health-care expenditures range from a low of over $6 trillion to a high of over $13 trillion. In every model tested, Improved Medicare for All is cheaper than the current system even while providing improved health care. The savings dramatically […]
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