lectur11-page20

lectur11-page20 - as the Medicare Hospital Insurance Fund...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
20 Social Security Issues: HI TAX: Federal Hospital Insurance. The 2000 rate of tax is 1.45 percent without a wage limit. The maximum tax is therefore unlimited What we call “medicare” was established in 1966 and is officially referred to
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: as the Medicare Hospital Insurance Fund or HI. The tax on wages for medicare is 1.45% for the year 2000, and there is not wage limit associated with this tax....
View Full Document

This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

Ask a homework question - tutors are online