File:Estimated Funding Gaps in Medicare and Social Security Programs.png
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Summary
| Description |
English: Estimated Funding Gaps in Medicare and Social Security ExplanationEconomist Bruce Bartlett wrote in Forbes in May 2009: "To summarize, we see that taxpayers are on the hook for Social Security and Medicare by these amounts: Social Security, 1.3% of GDP; Medicare part A, 2.8% of GDP; Medicare part B, 2.8% of GDP; and Medicare part D, 1.2% of GDP. This adds up to 8.1% of GDP." He cited and linked various reports from the Social Security and Medicare Trustees in the article and explained how these gaps represent the present value of program deficits in perpetuity. He also wrote that federal personal income tax revenues are about 10% historically, so if this 8.1% were applied just to income taxes, that would be an 81% tax increase. The Heritage Foundation estimates that the 30 year historical average federal tax collections were 18.4% of GDP. |
| Date | (UTC) |
| Source | Bruce Bartlett-Fortune-The 81% Tax Increase-May 2009 |
| Author | Farcaster (talk) 20:40, 29 March 2010 (UTC) |
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Original upload log
| Date/Time | Dimensions | User | Comment |
|---|---|---|---|
| 2010-03-29 20:52 | 960×720× (12474 bytes) | Farcaster | |
| 2010-03-29 20:40 | 960×720× (12452 bytes) | Farcaster | {{Information |Description = Estimated Funding Gaps in Medicare and Social Security |Source = [http://www.forbes.com/2009/05/14/taxes-social-security-opinions-columnists-medicare.html Bruce Bartlett-Fortune-The 81% Tax Increase-May 2009] |Da |
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| current | 02:45, 31 March 2016 | | 960 × 720 (12 KB) | OgreBot | (BOT): Reverting to most recent version before archival |
| 02:45, 31 March 2016 |  | 960 × 720 (12 KB) | OgreBot | (BOT): Uploading old version of file from en.wikipedia; originally uploaded on 2010-03-29 20:40:00 by Farcaster | |
| 23:22, 29 March 2016 |  | 960 × 720 (12 KB) | FastilyClone | Transferred from enwp |
