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Can't raise taxes? Hike Medicare premiums instead
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Issue
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| Contributor | RP |
| Last Edited | RP Dec 13, 2011 11:06am |
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| Category | Proposed Legislation |
| Author | RICARDO ALONSO-ZALDIVAR |
| News Date | Tuesday, December 13, 2011 02:25:00 PM UTC0:0 |
| Description | Raising taxes on millionaires may be a non-starter for Republicans, but they seem to have no problem hiking Medicare premiums for retirees making a lot less.
The House is expected to vote Tuesday on a year-end economic package that includes a provision raising premiums for "high-income" Medicare beneficiaries, now defined as those making $85,000 and above for individuals, or $170,000 for families.
Some would pay as much as several hundred dollars a month additional for Medicare outpatient and prescription coverage. Millions who don't consider themselves wealthy would also end up paying more. |
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