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jsonstein@masto.deoan.org ("Jeff Sonstein") wrote:

if you wonder why Medicare funding is problematic, consider how the super-rich avoid paying their fair share:

“Mr. Bessent avoided paying roughly $910,000 in Medicare taxes on money he made running his hedge fund in 2021, 2022 and 2023, according to a memorandum prepared by Democratic Senate staff for Mr. Bessent’s confirmation hearing in January.”

https://www.nytimes.com/2025/11/12/us/politics/scott-bessent-irs-loophole.html?smid=nytcore-ios-share&referringSource=articleShare