Quote:
Originally Posted by zcaveman
You do realize that since 1965 you have been paying into Medicare as part of your FICA taxes? Don't you think that you should get your money back?
If the government had invested all of the money that they have taxed out of us for SS and Medicare into the right places and not stolen it for other programs, these programs would be solvent for ages.
Z
|
This is a recurring comment the essence of which is "I'm only getting back my own money" and it is wrong. If you want data rather than diatribe here is a good starting point
Medicare and Social Security: What you paid compared with what you get | PolitiFact
Seniors Don't Pay Full Medicare, Social Security Share - US News
http://www.urban.org/UploadedPDF/412...a-Lifetime.pdf
Social Security and Medicare: Do you get back what you pay in? - CSMonitor.com
And these analyses don't even include the cost of disability insurance you received all your working years nor the insurance provided for your family via social security disability. 20% of SS recipients are disabled and receiving benefits not because of their age.