Posted: Tue Apr 19, 2011 10:03 am
Link
Article - Which shows why the average person shouldn't be in charge of where their taxes go.
Most interesting to me was the 20% of my income taxes going to Medicare/Medicaid, which I always thought were covered by my 2.9% (5.8% with employer contribution) Medicare tax.
Also interesting is the absence of employer contributions for Medicare/SS.
Article - Which shows why the average person shouldn't be in charge of where their taxes go.
Most interesting to me was the 20% of my income taxes going to Medicare/Medicaid, which I always thought were covered by my 2.9% (5.8% with employer contribution) Medicare tax.
Also interesting is the absence of employer contributions for Medicare/SS.