Re: Elizabeth Warren’s health care plan.
She won’t answer questions about raising taxes on the middle class, so obviously taxes will be increased. The trade-off, according to her, is that health care costs in our budget will go down more than the taxes will go up.
That may be true in general. I don’t know because I have not done the math.
But my question is this. How does this affect me? I still have income, but I also have Medicare already. So if I understand her correctly, my personal taxes will go up, but I will get absolute zero in return. In essence, I will now have to start paying for something that I already have, which was earned with a lifetime of labor.
Other working people who use Medicare for their health coverage seem to be in the same boat, and a lot of seniors still work.
Is that right, or does her plan include a tax exemption for the working elderly?