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Bernie is using pie in the sky fuzzy math;
for an individual 40 yrs old not inclusive of all family members?
11% of your SE or FICA taxable income per individual.
If you pay these taxes on <$40K you would win
If you pay these taxes on >$40K you would lose
(2.9*2.8)+2.9
11.02
(Medicare tax rate * taxpayer ratio to each retired recipient) + Medicare tax rate for currently retired benefactors (for the next 22 years[life expectancy?]) .
There are many possible variable scenarios -- I am not an actuary but my gut hunch the range might be 9% to 12.5% actual cost (depending on the number of dependents insured).
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