The Non-Sense behind MAGA’s Claims: Can We Fund Social Security and Medicare without Taxes?

Understanding the MYTH Behind MAGA's Unfounded Claims

It is a common fallacy circulated among MAGA supporters that Social Security (SS) and Medicare can be funded without taxes. However, this notion is not only preposterous but also lacks any factual or logical basis. This article delves into why such claims are unrealistic and how a basic understanding of the funding mechanism behind these critical programs can help clear this misconception.

Amy B. Garner, SEO Specialized Writer and Analyst

Unveiling the Truth: How SS and Medicare are Funded

Both Social Security and Medicare operate on a dedicated revenue stream known as payroll taxes, which is separate from income taxes. This means that the funding for these programs is taken directly from the wages of the working population. According to the Social Security Administration (SSA), Social Security tax revenue comprises 87% of total revenue, while Medicare tax revenue makes up 32% of total Medicare revenue. These funds are specifically earmarked for these programs, making it impossible for these benefits to function without corresponding tax contributions from Americans.

Why the Idea of No Taxes for SS and Medicare is Unrealistic

The idea that SS and Medicare can be sustained without taxes is not just devoid of logic; it is factually incorrect. The Center for Medicare and Medicaid Services (CMS) confirms that Medicare relies on payroll taxes for about 92% of its funding. Social Security, in particular, is so intertwined with payroll taxes that it has become a foundational element of the US economy, and its removal would have catastrophic effects on millions of Americans.

Historical Context: When US Had No SS or Medicare

It is historically accurate that the U.S. did not have Social Security or Medicare until the 20th century. The Social Security Act of 1935 created the program, and Medicare began in 1965. These programs were established to address the needs of an aging population and to provide protections against economic vulnerability. It is crucial to understand that these programs are the result of careful policy decisions and extensive social research, not devoid of taxation.

Unveiling the Reality behind MAGA's Statements

While there may be some political figures advocating for changes to the current tax and funding structure, proposing that Social Security and Medicare can function without any form of taxation is nonsensical. For instance, a Libertarian candidate for President might suggest alternative ideas such as privatization or specific tax reforms, but these do not negate the fact that a significant portion of the funding comes from payroll taxes.

Addressing the Cult of Disinformation

It is disturbing to see how some individuals, especially those supporting MAGA, believe that they can fund these essential social programs without any form of taxation. This level of ignorance and disinformation is pervasive, leading to a dangerous lack of understanding about the true nature of these programs and their funding mechanisms. Many of these individuals lack even a basic understanding of economics and public policy, yet they are loud and active in spreading misinformation.

Realism vs. Fantasy in the MAGA Crowd

The reality is that people with higher education levels, including those with college degrees, are often deeply entrenched in the Trump personality cult. This causes them to dismiss evidence and logical arguments in favor of alignment with their beliefs. The same can be said for members of the MAGA crowd, who often believe that things will be better under a Trump administration, despite historical and empirical evidence to the contrary.

Conclusion

The notion that Social Security and Medicare can be funded without taxes is a dangerous myth that contradicts both historical facts and current policy practices. It is essential for individuals to educate themselves about the funding mechanisms behind these programs and to rely on factual information rather than political rhetoric.