Re: Doc choice

[mailto:hyperaldosteronism ] On Behalf Of Bindner

Actually, I have a degree in public administration with

extra work in federal finance, plus Hill and state level

experience. I know how the program works - reread my original

post. I was describing what should happen to it, since it serves two

constituencies - those who require long term care (especially the elderly)

and those who are on TANF or among the working poor. As I stated, these

two groups have different needs and should be served by separate

programs. Indeed, the working poor and those poor in need of education

(and who should be paid to get it) should be covered through work or as if

they were working. The other program should be combined with Medicare

and taken away from state governments entirely (unless of course Medicare is

made a state level program so that they become responsible for cost control).

Bindner

Web

Directory (links to my sites and blogs):

http://www.ncpa.org/pub/ba662

From: Valarie <val@...>

Subject: RE: Re: Doc choice

hyperaldosteronism

Date: Tuesday, November 10, 2009, 7:32 PM

, you have no idea what you're

talking about.

Medicaid and Medicare are two totally

separate programs.

Medicare is for those over 65.

While people have no choice in insurance, it is not a welfare program.

People paid into it for many years while employed (although not

enough).

Medicaid is a welfare program.

Medicaid is administered by the states with federal supplementation.

Val

From:

hyperaldosteronism [mailto:hyperaldost eronism@gro

ups.com] On Behalf Of Bindner

Medicaid is really two separate programs - one for the poor and one

for the elderly. They should be separated.. Now, it is an

interesting question whether the part that is for the elderly should be

altogether federal or whether Medicare as a whole should be administered by

the individual states. It should go one way or the other, although it

can't be funded that way or else Florida and the Midwest will go broke.

â€¢

November 10, 2009

" Unfunded liability " means the liability remaining

after considering offsetting revenues.Â

This is a dismal picture:

The unfunded liability is the difference between the

benefits that have been promised to current and future retirees and what will

be collected in dedicated taxes and premiums.

Future Payroll Tax

Burdens. Currently,

a 12.4 percent payroll tax on wages funds Social SeÂcurity and a 2.9 percent

payroll tax funds Medicare Part A (Hospital Insurance). But if payroll

tax rates rise to meet unfunded obligations:

When today's college students reach retirement (about

2054), Social Security alone will require a 16.6 percent payroll tax,

one-third greater than today's rate.

When Medicare Part A is included, the payroll tax

burden will rise to 25.7 percent - more than one of every four dollars

workers will earn that year.

If Medicare Part B (physician services) and Part D are

included, the total Social Security/Medicare burden will climb to 37 percent

of payroll by 2054 - one in three dollars of taxable payroll, and twice

the size of today's payroll tax burden!

Val

http://www.ncpa.org/pub/ba662

[mailto:hyperaldosteronism ] On Behalf Of Bindner

You cannot stress the unfunded liabilities without also

counting the anticipated funding. The liability is only unfunded if you

cancelled all tax support today or if society became totally automated so

that no one need work (of course, if you did this, the unfunded liability

would be meaningless, since health care would be free).

Bindner

,_._,___

November 10, 2009

At least they won't rAke it all Tiped sad Send form miiPhone ;-)May your pressure be low!CE Grim MDSpecializing in DifficultHypertensionOn Nov 10, 2009, at 6:45 PM, Valarie <val@...> wrote:

"Unfunded liability" means the liability remaining

after considering offsetting revenues.

This is a dismal picture:

The unfunded liability is the difference between the

benefits that have been promised to current and future retirees and what will

be collected in dedicated taxes and premiums.

Future Payroll Tax

Burdens. Currently,

a 12.4 percent payroll tax on wages funds Social SeÂcurity and a 2.9 percent

payroll tax funds Medicare Part A (Hospital Insurance). But if payroll

tax rates rise to meet unfunded obligations:

When today's college students reach retirement (about

2054), Social Security alone will require a 16.6 percent payroll tax,

one-third greater than today's rate.

When Medicare Part A is included, the payroll tax

burden will rise to 25.7 percent - more than one of every four dollars

workers will earn that year.

If Medicare Part B (physician services) and Part D are

included, the total Social Security/Medicare burden will climb to 37 percent

of payroll by 2054 - one in three dollars of taxable payroll, and twice

the size of today's payroll tax burden!

Val

[mailto:hyperaldosteronism ] On Behalf Of Bindner

You cannot stress the unfunded liabilities without also

counting the anticipated funding. The liability is only unfunded if you

cancelled all tax support today or if society became totally automated so

that no one need work (of course, if you did this, the unfunded liability

would be meaningless, since health care would be free).

Bindner

,_._,___

November 11, 2009

this assumes a flat economy and ever rising health care costs and the same dismal population numbers that we have been achieving.

Add more fecund latino immigrants and increase the benefit for childbirth for all and the numbers are not quite so bad.

Bindner

Web Directory (links to my sites and blogs):

From: Valarie <val@...>Subject: RE: Re: Doc choicehyperaldosteronism Date: Tuesday, November 10, 2009, 9:45 PM

"Unfunded liability" means the liability remaining after considering offsetting revenues. This is a dismal picture:

The unfunded liability is the difference between the benefits that have been promised to current and future retirees and what will be collected in dedicated taxes and premiums.

Future Payroll Tax Burdens. Currently, a 12.4 percent payroll tax on wages funds Social Security and a 2.9 percent payroll tax funds Medicare Part A (Hospital Insurance). But if payroll tax rates rise to meet unfunded obligations:

When today's college students reach retirement (about 2054), Social Security alone will require a 16.6 percent payroll tax, one-third greater than today's rate.

When Medicare Part A is included, the payroll tax burden will rise to 25.7 percent - more than one of every four dollars workers will earn that year.

If Medicare Part B (physician services) and Part D are included, the total Social Security/Medicare burden will climb to 37 percent of payroll by 2054 - one in three dollars of taxable payroll, and twice the size of today's payroll tax burden!

http://www.ncpa. org/pub/ba662

Val

From: hyperaldosteronism [mailto:hyperaldost eronism@gro ups.com] On Behalf Of Bindner

You cannot stress the unfunded liabilities without also counting the anticipated funding. The liability is only unfunded if you cancelled all tax support today or if society became totally automated so that no one need work (of course, if you did this, the unfunded liability would be meaningless, since health care would be free).

Bindner

,_._,___

November 11, 2009

What every happens to the economy is going to affect us all. What is going on

now is changing to our economy. Time will tell if the changes are good or bad.

But past history has showed that Government run economys are not a good thing.

We seen to be heading for a Government run economy.

All this money that the Government is giving out is really worthless paper.

People are still loosing jobs faster then new jobs being added. Still looseing

there homes, cars, credit cards and other things. We are being told we are

having a jobless recovery.

It is nice to know that the cost of living didn't go up last year so no raise is

Gov. programs like SS. Of course the whole cost of living thing is a joke as it

doesn't include the the cost of food or energy. I just wounder if there has been

and time in the past if cost of living didn't go up.

Until we know what was happned to our economy I don't think we can know how to

plan health care costs. If there less jobs then there is going to less money

from employers to fund health care. With less jobs tere will be less tax money

to fund Gov. health care.

>

> From: Valarie <val@...>

> Subject: RE: Re: Doc choice

> hyperaldosteronism

> Date: Tuesday, November 10, 2009, 9:45 PM

>

> " Unfunded liability " means the liability remaining after considering

offsetting revenues. This is a dismal picture:

>

> The unfunded liability is the difference between the benefits that

have been promised to current and future retirees and what will be collected in

dedicated taxes and premiums.

>

> Future Payroll Tax Burdens. Currently, a 12.4 percent payroll tax

on wages funds Social SeÂcurity and a 2.9 percent payroll tax funds Medicare

Part A (Hospital Insurance). But if payroll tax rates rise to meet unfunded

obligations:

>

> a.. When today's college students reach retirement (about 2054),

Social Security alone will require a 16.6 percent payroll tax, one-third greater

than today's rate.

> b.. When Medicare Part A is included, the payroll tax burden will

rise to 25.7 percent - more than one of every four dollars workers will earn

that year.

> c.. If Medicare Part B (physician services) and Part D are

included, the total Social Security/Medicare burden will climb to 37 percent of

payroll by 2054 - one in three dollars of taxable payroll, and twice the size of

today's payroll tax burden!

> http://www.ncpa. org/pub/ba662

>

> Val

>

> From: hyperaldosteronism [mailto:hyperaldost

eronism@gro ups.com] On Behalf Of Bindner

>

> You cannot stress the unfunded liabilities without also

counting the anticipated funding. The liability is only unfunded if you

cancelled all tax support today or if society became totally automated so that

no one need work (of course, if you did this, the unfunded liability would be

meaningless, since health care would be free).

>

> Bindner

>

> ,_._,___

>

> __________ NOD32 4389 (20090902) Information __________

>

> This message was checked by NOD32 antivirus system.

> http://www.eset.com

>

November 11, 2009

ï»¿

It won't be flat of course.

1993 started 18 B funding for the inet. Today's market cap of Google alone is 178 B.

I expect 74 T in deficit funding will result in 740 T economic growth, which will provide any medical study, training, drugs, equipment, hospital for all U.S. people and the deficit will be 100 T in < 20 years.

Not to worry it's only one's and zeroes on a piece of paper.

Regards

RE: Re: Doc choicehyperaldosteronism Date: Tuesday, November 10, 2009, 9:45 PM

"Unfunded liability" means the liability remaining after considering offsetting revenues. This is a dismal picture:

The unfunded liability is the difference between the benefits that have been promised to current and future retirees and what will be collected in dedicated taxes and premiums.

Future Payroll Tax Burdens. Currently, a 12.4 percent payroll tax on wages funds Social Security and a 2.9 percent payroll tax funds Medicare Part A (Hospital Insurance). But if payroll tax rates rise to meet unfunded obligations:

When today's college students reach retirement (about 2054), Social Security alone will require a 16.6 percent payroll tax, one-third greater than today's rate.

When Medicare Part A is included, the payroll tax burden will rise to 25.7 percent - more than one of every four dollars workers will earn that year.

If Medicare Part B (physician services) and Part D are included, the total Social Security/Medicare burden will climb to 37 percent of payroll by 2054 - one in three dollars of taxable payroll, and twice the size of today's payroll tax burden!

http://www.ncpa. org/pub/ba662

Val

From: hyperaldosteronism [mailto:hyperaldost eronism@gro ups.com] On Behalf Of Bindner

You cannot stress the unfunded liabilities without also counting the anticipated funding. The liability is only unfunded if you cancelled all tax support today or if society became totally automated so that no one need work (of course, if you did this, the unfunded liability would be meaningless, since health care would be free).

Bindner

,_._,_____________ NOD32 4389 (20090902) Information __________This message was checked by NOD32 antivirus system.http://www.eset.com

November 11, 2009

The article does not detail what assumptions were made.Â I assume historical growth rates of

population and income growth were projected forward.Â Without illegal immigration, Americans are

not replacing themselves.

Val

[mailto:hyperaldosteronism ] On Behalf Of Bindner

this

assumes a flat economy and ever rising health care costs and the same dismal

population numbers that we have been achieving.

---

On Tue, 11/10/09, Valarie <val@...> wrote:

Â

" Unfunded

liability " means the liability remaining after considering offsetting

revenues. This is a dismal picture:

The

unfunded liability is the difference between the benefits that have been

promised to current and future retirees and what will be collected in

dedicated taxes and premiums.

Future

Payroll Tax Burdens. Currently, a 12.4 percent payroll tax on wages

funds Social SeÂcurity and a 2.9 percent payroll tax funds Medicare Part A

(Hospital Insurance). But if payroll tax rates rise to meet unfunded

obligations:

When today's college

students reach retirement (about 2054), Social Security alone will

require a 16.6 percent payroll tax, one-third greater than today's rate.

When Medicare Part A

is included, the payroll tax burden will rise to 25.7 percent - more

than one of every four dollars workers will earn that year.

If Medicare Part B

(physician services) and Part D are included, the total Social

Security/Medicare burden will climb to 37 percent of payroll by

2054 - one in three dollars of taxable payroll, and twice the size of

today's payroll tax burden!

http://www.ncpa.

org/pub/ba662

Val

From:

hyperaldosteronism [mailto:hyperaldost eronism@gro

ups.com] On Behalf Of Bindner

You cannot stress the unfunded liabilities without also

counting the anticipated funding. The liability is only unfunded if

you cancelled all tax support today or if society became totally automated

so that no one need work (of course, if you did this, the unfunded

liability would be meaningless, since health care would be free).

Bindner

,_._,___

November 11, 2009

It wont be long before taxes take up most of our money

>

> > " Unfunded liability " means the liability remaining after considering

> > offsetting revenues. This is a dismal picture:

> >

> > The unfunded liability is the difference between the benefits that

> > have been promised to current and future retirees and what will be

> > collected in dedicated taxes and premiums.

> >

> > Future Payroll Tax Burdens. Currently, a 12.4 percent payroll tax

> > on wages funds Social Se curity and a 2.9 percent payroll tax funds

> > Medicare Part A (Hospital Insurance). But if payroll tax rates rise

> > to meet unfunded obligations:

> >

> > When today's college students reach retirement (about 2054), Social

> > Security alone will require a 16.6 percent payroll tax, one-third

> > greater than today's rate.

> > When Medicare Part A is included, the payroll tax burden will rise

> > to 25.7 percent - more than one of every four dollars workers will

> > earn that year.

> > If Medicare Part B (physician services) and Part D are included, the

> > total Social Security/Medicare burden will climb to 37 percent of

> > payroll by 2054 - one in three dollars of taxable payroll, and twice

> > the size of today's payroll tax burden!

> > http://www.ncpa.org/pub/ba662

> >

> > Val

> >

> > From: hyperaldosteronism

> > [mailto:hyperaldosteronism ] On Behalf Of

> > Bindner

> >

> > You cannot stress the unfunded liabilities without also counting the

> > anticipated funding. The liability is only unfunded if you

> > cancelled all tax support today or if society became totally

> > automated so that no one need work (of course, if you did this, the

> > unfunded liability would be meaningless, since health care would be

> > free).

> >

> > Bindner

> >

> > ,_._,___

> >

>

November 11, 2009

You can always move to Sweden where taxes can exceed your income. Clarence E. Grim, BS, MS, MD

Specializing in Difficult High Blood Pressure and recent evolutionary forces on high blood pressure in population's today.

On Wednesday, November 11, 2009, at 10:07AM, "Francis Bill" <georgewbill@...> wrote:

>

It wont be long before taxes take up most of our money

>

> > "Unfunded liability" means the liability remaining after considering

> > offsetting revenues. This is a dismal picture:

> >

> > The unfunded liability is the difference between the benefits that

> > have been promised to current and future retirees and what will be

> > collected in dedicated taxes and premiums.

> >

> > Future Payroll Tax Burdens. Currently, a 12.4 percent payroll tax

> > on wages funds Social Se curity and a 2.9 percent payroll tax funds

> > Medicare Part A (Hospital Insurance). But if payroll tax rates rise

> > to meet unfunded obligations:

> >

> > When today's college students reach retirement (about 2054), Social

> > Security alone will require a 16.6 percent payroll tax, one-third

> > greater than today's rate.

> > When Medicare Part A is included, the payroll tax burden will rise

> > to 25.7 percent - more than one of every four dollars workers will

> > earn that year.

> > If Medicare Part B (physician services) and Part D are included, the

> > total Social Security/Medicare burden will climb to 37 percent of

> > payroll by 2054 - one in three dollars of taxable payroll, and twice

> > the size of today's payroll tax burden!

> > http://www.ncpa.org/pub/ba662

> >

> > Val

> >

> > From: hyperaldosteronism

> > [mailto:hyperaldosteronism ] On Behalf Of

> > Bindner

> >

> > You cannot stress the unfunded liabilities without also counting the

> > anticipated funding. The liability is only unfunded if you

> > cancelled all tax support today or if society became totally

> > automated so that no one need work (of course, if you did this, the

> > unfunded liability would be meaningless, since health care would be

> > free).

> >

> > Bindner

> >

> > ,_._,___

> >

>

November 11, 2009

You can always move to Sweden where taxes can exceed your income. Clarence E. Grim, BS, MS, MD

Specializing in Difficult High Blood Pressure and recent evolutionary forces on high blood pressure in population's today.

On Wednesday, November 11, 2009, at 10:07AM, "Francis Bill" <georgewbill@...> wrote:

>

It wont be long before taxes take up most of our money

>

> > "Unfunded liability" means the liability remaining after considering

> > offsetting revenues. This is a dismal picture:

> >

> > The unfunded liability is the difference between the benefits that

> > have been promised to current and future retirees and what will be

> > collected in dedicated taxes and premiums.

> >

> > Future Payroll Tax Burdens. Currently, a 12.4 percent payroll tax

> > on wages funds Social Se curity and a 2.9 percent payroll tax funds

> > Medicare Part A (Hospital Insurance). But if payroll tax rates rise

> > to meet unfunded obligations:

> >

> > When today's college students reach retirement (about 2054), Social

> > Security alone will require a 16.6 percent payroll tax, one-third

> > greater than today's rate.

> > When Medicare Part A is included, the payroll tax burden will rise

> > to 25.7 percent - more than one of every four dollars workers will

> > earn that year.

> > If Medicare Part B (physician services) and Part D are included, the

> > total Social Security/Medicare burden will climb to 37 percent of

> > payroll by 2054 - one in three dollars of taxable payroll, and twice

> > the size of today's payroll tax burden!

> > http://www.ncpa.org/pub/ba662

> >

> > Val

> >

> > From: hyperaldosteronism

> > [mailto:hyperaldosteronism ] On Behalf Of

> > Bindner

> >

> > You cannot stress the unfunded liabilities without also counting the

> > anticipated funding. The liability is only unfunded if you

> > cancelled all tax support today or if society became totally

> > automated so that no one need work (of course, if you did this, the

> > unfunded liability would be meaningless, since health care would be

> > free).

> >

> > Bindner

> >

> > ,_._,___

> >

>

November 11, 2009

The question is whether the price of insurance reflects just the cost of health care, or if there is a bit more profit extraction going on than companies are willing to admit.

BTW, the government is not taking over health care and tax support for buying insurance has been going on for a long, long time. Price supports for poorer Americans are being added and insurance companies are to be more heavily regulated federally (since state regulation, which will also still exist, has failed to deal with pre-existing conditions and the dropping of sick people). If state regulators had not been captured by the firms they regulate, there would be no debate on reform because reform would not be needed,

Bindner

Web Directory (links to my sites and blogs):

From: Francis Bill <georgewbill@...>Subject: Re: Doc choicehyperaldosteronism Date: Wednesday, November 11, 2009, 10:21 AM

What every happens to the economy is going to affect us all. What is going on now is changing to our economy. Time will tell if the changes are good or bad. But past history has showed that Government run economys are not a good thing. We seen to be heading for a Government run economy. All this money that the Government is giving out is really worthless paper.. People are still loosing jobs faster then new jobs being added. Still looseing there homes, cars, credit cards and other things. We are being told we are having a jobless recovery. It is nice to know that the cost of living didn't go up last year so no raise is Gov. programs like SS. Of course the whole cost of living thing is a joke as it doesn't include the the cost of food or energy. I just wounder if there has been and time in the past if cost of living didn't go up. Until we know what was happned to our economy I don't think we can know how to plan health care

costs. If there less jobs then there is going to less money from employers to fund health care. With less jobs tere will be less tax money to fund Gov. health care. > > > From: Valarie <val@...>> Subject: RE: [hyperaldosteronism ] Re: Doc choice> hyperaldosteronism> Date: Tuesday, November 10, 2009, 9:45 PM> > > > "Unfunded liability" means the liability remaining after considering offsetting revenues. This is a dismal picture:> > > > The unfunded liability is the difference between the benefits that have been promised to current and future retirees and what will be collected in dedicated taxes and premiums. > > Future Payroll Tax Burdens.

Currently, a 12.4 percent payroll tax on wages funds Social SeÃ‚curity and a 2.9 percent payroll tax funds Medicare Part A (Hospital Insurance). But if payroll tax rates rise to meet unfunded obligations: > > a.. When today's college students reach retirement (about 2054), Social Security alone will require a 16.6 percent payroll tax, one-third greater than today's rate. > b.. When Medicare Part A is included, the payroll tax burden will rise to 25.7 percent - more than one of every four dollars workers will earn that year. > c.. If Medicare Part B (physician services) and Part D are included, the total Social Security/Medicare burden will climb to 37 percent of payroll by 2054 - one in three dollars of taxable payroll, and twice the size of today's payroll tax burden!> http://www.ncpa. org/pub/ba662 > > Val> > > >

From: hyperaldosteronism [mailto:hyperaldost eronism@gro ups.com] On Behalf Of Bindner> > > You cannot stress the unfunded liabilities without also counting the anticipated funding. The liability is only unfunded if you cancelled all tax support today or if society became totally automated so that no one need work (of course, if you did this, the unfunded liability would be meaningless, since health care would be free).> > Bindner> > > ,_._,___> > > > > > __________ NOD32 4389 (20090902) Information __________> > This message was checked by NOD32 antivirus system.> http://www.eset. com>

November 11, 2009

The question is whether the price of insurance reflects just the cost of health care, or if there is a bit more profit extraction going on than companies are willing to admit.

BTW, the government is not taking over health care and tax support for buying insurance has been going on for a long, long time. Price supports for poorer Americans are being added and insurance companies are to be more heavily regulated federally (since state regulation, which will also still exist, has failed to deal with pre-existing conditions and the dropping of sick people). If state regulators had not been captured by the firms they regulate, there would be no debate on reform because reform would not be needed,

Bindner

Web Directory (links to my sites and blogs):

From: Francis Bill <georgewbill@...>Subject: Re: Doc choicehyperaldosteronism Date: Wednesday, November 11, 2009, 10:21 AM

What every happens to the economy is going to affect us all. What is going on now is changing to our economy. Time will tell if the changes are good or bad. But past history has showed that Government run economys are not a good thing. We seen to be heading for a Government run economy. All this money that the Government is giving out is really worthless paper.. People are still loosing jobs faster then new jobs being added. Still looseing there homes, cars, credit cards and other things. We are being told we are having a jobless recovery. It is nice to know that the cost of living didn't go up last year so no raise is Gov. programs like SS. Of course the whole cost of living thing is a joke as it doesn't include the the cost of food or energy. I just wounder if there has been and time in the past if cost of living didn't go up. Until we know what was happned to our economy I don't think we can know how to plan health care

costs. If there less jobs then there is going to less money from employers to fund health care. With less jobs tere will be less tax money to fund Gov. health care. > > > From: Valarie <val@...>> Subject: RE: [hyperaldosteronism ] Re: Doc choice> hyperaldosteronism> Date: Tuesday, November 10, 2009, 9:45 PM> > > > "Unfunded liability" means the liability remaining after considering offsetting revenues. This is a dismal picture:> > > > The unfunded liability is the difference between the benefits that have been promised to current and future retirees and what will be collected in dedicated taxes and premiums. > > Future Payroll Tax Burdens.

Currently, a 12.4 percent payroll tax on wages funds Social SeÃ‚curity and a 2.9 percent payroll tax funds Medicare Part A (Hospital Insurance). But if payroll tax rates rise to meet unfunded obligations: > > a.. When today's college students reach retirement (about 2054), Social Security alone will require a 16.6 percent payroll tax, one-third greater than today's rate. > b.. When Medicare Part A is included, the payroll tax burden will rise to 25.7 percent - more than one of every four dollars workers will earn that year. > c.. If Medicare Part B (physician services) and Part D are included, the total Social Security/Medicare burden will climb to 37 percent of payroll by 2054 - one in three dollars of taxable payroll, and twice the size of today's payroll tax burden!> http://www.ncpa. org/pub/ba662 > > Val> > > >

From: hyperaldosteronism [mailto:hyperaldost eronism@gro ups.com] On Behalf Of Bindner> > > You cannot stress the unfunded liabilities without also counting the anticipated funding. The liability is only unfunded if you cancelled all tax support today or if society became totally automated so that no one need work (of course, if you did this, the unfunded liability would be meaningless, since health care would be free).> > Bindner> > > ,_._,___> > > > > > __________ NOD32 4389 (20090902) Information __________> > This message was checked by NOD32 antivirus system.> http://www.eset. com>

November 11, 2009

I'm always a little leery of the National Center for Policy Analysis. They are fairly partisan. I know their prior director. They fired him when he slammed Bush as not a true conservative.

Bindner

Web Directory (links to my sites and blogs):

"Unfunded liability" means the liability remaining after considering offsetting revenues. This is a dismal picture:

The unfunded liability is the difference between the benefits that have been promised to current and future retirees and what will be collected in dedicated taxes and premiums.

Future Payroll Tax Burdens. Currently, a 12.4 percent payroll tax on wages funds Social Security and a 2.9 percent payroll tax funds Medicare Part A (Hospital Insurance). But if payroll tax rates rise to meet unfunded obligations:

When today's college students reach retirement (about 2054), Social Security alone will require a 16.6 percent payroll tax, one-third greater than today's rate.

When Medicare Part A is included, the payroll tax burden will rise to 25.7 percent - more than one of every four dollars workers will earn that year.

If Medicare Part B (physician services) and Part D are included, the total Social Security/Medicare burden will climb to 37 percent of payroll by 2054 - one in three dollars of taxable payroll, and twice the size of today's payroll tax burden!

http://www.ncpa. org/pub/ba662

Val

From: hyperaldosteronism [mailto:hyperaldost eronism@gro ups.com] On Behalf Of Bindner You cannot stress the unfunded liabilities without also counting the anticipated funding. The liability is only unfunded if you cancelled all tax support today or if society became totally automated so that no one need work (of course, if you did this, the unfunded liability would be meaningless, since health care would be free).

Bindner

,_._,___

November 11, 2009

That depends on how you define "us". 40% pay not federal taxes and have their payroll taxes refunded. The top 1% pay more of a share of their taxes in income and carry much of the federal tax load and might actually pay more than half their income on taxes, especially when local property taxes are included in the calculation. However, I don't believe these folks are suffering too badly. I am almost certain that none of these folks are on this list.

If any of you are, there are a few of your list mates who need an AVS paid for if you could lend a hand.

Bindner

Web Directory (links to my sites and blogs):

From: Francis Bill <georgewbill@...>Subject: Re: Doc choicehyperaldosteronism Date: Wednesday, November 11, 2009, 11:07 AM

It wont be long before taxes take up most of our money > > > "Unfunded liability" means the liability remaining after considering > > offsetting revenues. This is a dismal picture:> >> >> >> > The unfunded liability is the difference between the benefits that > > have been promised to current and

future retirees and what will be > > collected in dedicated taxes and premiums.> >> > Future Payroll Tax Burdens. Currently, a 12.4 percent payroll tax > > on wages funds Social Se curity and a 2.9 percent payroll tax funds > > Medicare Part A (Hospital Insurance). But if payroll tax rates rise > > to meet unfunded obligations:> >> > When today's college students reach retirement (about 2054), Social > > Security alone will require a 16.6 percent payroll tax, one-third > > greater than today's rate.> > When Medicare Part A is included, the payroll tax burden will rise > > to 25.7 percent - more than one of every four dollars workers will > > earn that year.> > If Medicare Part B (physician services) and Part D are included, the > > total Social Security/Medicare burden will climb to 37 percent of >

> payroll by 2054 - one in three dollars of taxable payroll, and twice > > the size of today's payroll tax burden!> > http://www.ncpa. org/pub/ba662> >> > Val> >> >> >> > From: hyperaldosteronism > > [mailto:hyperaldosteronism] On Behalf Of > > Bindner> >> >> > You cannot stress the unfunded liabilities without also counting the > > anticipated funding.

The liability is only unfunded if you > > cancelled all tax support today or if society became totally > > automated so that no one need work (of course, if you did this, the > > unfunded liability would be meaningless, since health care would be > > free).> >> > Bindner> >> > ,_._,___> >> >>

November 11, 2009

Seems to me state regulation adds 50 new administrative cost groups that must be paid. Clarence E. Grim, BS, MS, MD

Specializing in Difficult High Blood Pressure and recent evolutionary forces on high blood pressure in population's today.

On Wednesday, November 11, 2009, at 01:16PM, " Bindner" <mikeybdc@...> wrote:

>

The question is whether the price of insurance reflects just the cost of health care, or if there is a bit more profit extraction going on than companies are willing to admit.

BTW, the government is not taking over health care and tax support for buying insurance has been going on for a long, long time. Price supports for poorer Americans are being added and insurance companies are to be more heavily regulated federally (since state regulation, which will also still exist, has failed to deal with pre-existing conditions and the dropping of sick people). If state regulators had not been captured by the firms they regulate, there would be no debate on reform because reform would not be needed,

Bindner

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