wrote:
On Mon, 17 Aug 2009 11:10:26 -0700, "Calif Bill"
wrote:

"H the K" wrote in message
m...
...for the righties who oppose the so-called public option:

Which of you will be or are depending upon Medicare or the VA or similar
publicly funded programs to pay for your health care after retirement?


Those on Medicare paid in a lot of money during their working years. If
they had put money into an tax free plan, they could afford most any
insurance plan on the market. That approx 3% of every earned income dollar
adds up to a lot of dollars.



According to my SS statement my employer and I paid a tad over $12,000
each between 1966 and 1996. (~$24,000 total).
SS was a bit over $100,000 total.
I suppose I could put the yearly totals in a spreadsheet and see what
a reasonable rate of return would produce but I don't really care that
much.
The SS should be the same for anyone who paid the max over that period
so it is probably something that has already been done.
If you live very long SS and Medicare are great deals, that is why
they are going broke. The plan was based on a life expectancy of about
66-67 for 90% of the people eligible.



Uncap SS taxes and the problem goes away.

wrote:
On Mon, 17 Aug 2009 17:52:22 -0400, H the K
wrote:

According to my SS statement my employer and I paid a tad over $12,000
each between 1966 and 1996. (~$24,000 total).
SS was a bit over $100,000 total.
I suppose I could put the yearly totals in a spreadsheet and see what
a reasonable rate of return would produce but I don't really care that
much.
The SS should be the same for anyone who paid the max over that period
so it is probably something that has already been done.
If you live very long SS and Medicare are great deals, that is why
they are going broke. The plan was based on a life expectancy of about
66-67 for 90% of the people eligible.


Uncap SS taxes and the problem goes away.

That adds a 14% tax increase to everyone making more than $100,000 a
year. Try to get that through congress when added to the medical care
tax increase and whatever is necessary to get a grip on this deficit.


I haven't messed with the math, but I wouldn't increase the employer
"co-pay" and I would slap the additional tax on those over the $250,000
mark.

On Aug 17, 2:10*pm, "Calif Bill" wrote:
"H the K" wrote in messagenews:3qmdnYScyasc0xTXnZ2dnUVZ_t2dnZ2d@earth link.com...

...for the righties who oppose the so-called public option:

Which of you will be or are depending upon Medicare or the VA or similar
publicly funded programs to pay for your health care after retirement?

Those on Medicare paid in a lot of money during their working years. *If
they had put money into an tax free plan, they could afford most any
insurance plan on the market. *That approx 3% of every earned income dollar
adds up to a lot of dollars.

gee....what would have happened to all that money in the last 2 years
under our free market system?

hmmm...let me think...

On Mon, 17 Aug 2009 16:51:08 -0700 (PDT), wf3h
wrote:

On Aug 17, 2:10*pm, "Calif Bill" wrote:
"H the K" wrote in messagenews:3qmdnYScyasc0xTXnZ2dnUVZ_t2dnZ2d@earth link.com...

...for the righties who oppose the so-called public option:

Which of you will be or are depending upon Medicare or the VA or similar
publicly funded programs to pay for your health care after retirement?

Those on Medicare paid in a lot of money during their working years. *If
they had put money into an tax free plan, they could afford most any
insurance plan on the market. *That approx 3% of every earned income dollar
adds up to a lot of dollars.

gee....what would have happened to all that money in the last 2 years
under our free market system?

hmmm...let me think...

It's always good to try something new.
--
John H

"Socialism in general has a record of failure so blatant
that only an intellectual could ignore or evade it."
-- Thomas Sowell

wf3h wrote:
On Aug 17, 2:10 pm, "Calif Bill" wrote:
"H the K" wrote in messagenews:3qmdnYScyasc0xTXnZ2dnUVZ_t2dnZ2d@earth link.com...

...for the righties who oppose the so-called public option:
Which of you will be or are depending upon Medicare or the VA or similar
publicly funded programs to pay for your health care after retirement?
Those on Medicare paid in a lot of money during their working years. If
they had put money into an tax free plan, they could afford most any
insurance plan on the market. That approx 3% of every earned income dollar
adds up to a lot of dollars.

gee....what would have happened to all that money in the last 2 years
under our free market system?

hmmm...let me think...


*I* didn't want to bring up the all too obvious.

"Don White" wrote in message
...

"H the K" wrote in message
m...
...for the righties who oppose the so-called public option:

Which of you will be or are depending upon Medicare or the VA or similar
publicly funded programs to pay for your health care after retirement?



I bet you JohnnyPrepH has a gold plated plan courtesy of the US taxpayer.



Do you have a problem with servicemen/women receiving medical care on the US
taxpayer's dime? If you don't think the US military protects your freedom as
well, think again simpleton.

--Mike

"wf3h" wrote in message
...
On Aug 17, 2:10 pm, "Calif Bill" wrote:
"H the K" wrote in
messagenews:3qmdnYScyasc0xTXnZ2dnUVZ_t2dnZ2d@earth link.com...

...for the righties who oppose the so-called public option:

Which of you will be or are depending upon Medicare or the VA or similar
publicly funded programs to pay for your health care after retirement?

Those on Medicare paid in a lot of money during their working years. If
they had put money into an tax free plan, they could afford most any
insurance plan on the market. That approx 3% of every earned income dollar
adds up to a lot of dollars.

gee....what would have happened to all that money in the last 2 years
under our free market system?

hmmm...let me think...

Well, my money is still up a lot over the last 10 years. Even with the
downturn.

H the K wrote:
....for the righties who oppose the so-called public option:

Which of you will be or are depending upon Medicare or the VA or similar
publicly funded programs to pay for your health care after retirement?



We pay into Medicare just as we pay into Social Security. I will be
"funding" myself, WAFA.

Don White wrote:
"H the K" wrote in message
m...
...for the righties who oppose the so-called public option:

Which of you will be or are depending upon Medicare or the VA or similar
publicly funded programs to pay for your health care after retirement?



I bet you JohnnyPrepH has a gold plated plan courtesy of the US taxpayer.
He wife would also have a superior plan from the teachers federation. Is
that double dipping?



To an idiot like you, it may appear that way.

JLH OPAof7 wrote:
On Mon, 17 Aug 2009 10:14:20 -0300, "Don White"
wrote:

"H the K" wrote in message
m...
...for the righties who oppose the so-called public option:

Which of you will be or are depending upon Medicare or the VA or similar
publicly funded programs to pay for your health care after retirement?


I bet you JohnnyPrepH has a gold plated plan courtesy of the US taxpayer.
He wife would also have a superior plan from the teachers federation. Is
that double dipping?


Donnie, why would my wife have a superior plan from the 'teachers
(sic) federation'?

She's never been a teacher.

Do you ever feel really friggin' stupid?

He's got to have a hint by now.