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I'm quite concerned as a self-employed American contractor abroad. Shifting the costs to employers might very well include myself. While I don't mind my taxes g
by toastal 7y ago
I'm quite concerned as a self-employed American contractor abroad. Shifting the costs to employers might very well include myself. While I don't mind my taxes going up per se, expanding current Medicare to all ages as the system currently exists means I still wouldn't get coverage as there's no deals with foreign systems or vouchers or exemptions for Americans abroad from the bill that I read. This would mean I'd more than likely have to pay even more than the current compulsory 12.4% for Medicare to still not get any usable health coverage outside the States. The current health system lets me exempt myself from the healthcare tax being based elsewhere.
I'm very much in favor of Medicare for All as a whole as it's shown to definitely bring down the average cost per American as well as remove the middle-man insurance companies taking their cut and give the government better leverage against drug prices and services. However, considering many proposed M4A plans are covering green card holders and undocumented workers, it would be nice to know that citizens abroad could be in the loop too with a name like "for all".
Also, can change the abbreviated version to "M∀"?
- votepaunchy 7y ago> This would mean I'd more than likely have to pay even more than the current compulsory 12.4% for Medicare Social Security is 12.4%, Medicare is 2.9%.
- toastal 7y agoYou are right about the chunk of the 15.3%--I read, meaning misread, it like 5 times the last couple of days. I also missed the threshold for low-earning self-employment being exempt skimming the 20 pages of the proposal. I guess my fears have subsided, although I believe I would still prefer some sort of coverage.