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re: Bernie said the average american pays $12,000 a year in Healthcare

Posted on 2/20/20 at 11:35 am to
Posted by GeauxLax
Roswell, GA
Member since Apr 2016
288 posts
Posted on 2/20/20 at 11:35 am to
Do medicare taxes get taken out of your paycheck every time?
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124410 posts
Posted on 2/20/20 at 11:45 am to
quote:

Do medicare taxes get taken out of your paycheck every time?
They are 2.9% of income (employee contribution is half that, or 1.45%) up to a $132.9K total. IOW, the max anyone in the country pays is $1927/yr with an identical employer contribution. Not the $9600-$10800 you noted.
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