What does Medicare tax support?

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Sleeyuen asked Aug 21, 2023

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What does Medicare tax support?

Mathematics
college

Sleeyuen asked Aug 21, 2023

by Sleeyuen

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it supports HI hospital insurance.

John Vincent answered Aug 21, 2023

by John Vincent

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23 votes

Answer:

The Medicare tax helps fund the Hospital Insurance Trust Fund. It's one of two trust funds that pay for Medicare.

JefferMC answered Aug 25, 2023

by JefferMC

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