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Reply #116: Yes, it's *possible* Medicare/SS will still be around, but **not with the current tax structure** [View All]

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Romulox Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-17-07 02:05 PM
Response to Reply #115
116. Yes, it's *possible* Medicare/SS will still be around, but **not with the current tax structure**
It's also *possible* we could return to the moon, but I'm not betting my retirement on the off-chance that we get around to doing so anytime soon.

My point being, saying "things always work out," is not good enough. Medicare and Social Security can be restructured, but its going to mean means testing and uncapping FICA assessments. There is no way we can cut taxes, raise benefits, and endeavor to preserve probate estates for the baby boomers at the same time.

That means no Medicare long term care benefit. Thank god Medicaid exists!
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