View source for There is no way Ayn paid for her Medicare.

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[[Category:Praximus_Prime_ARG (pseudonym)]]
[[Category:Ayn Rand]]
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{{DES | des = "The maximum Ayn Rand could have possibly paid into Medicaid was $193.50  For that paltry sum, she then used Medicare benefits for 8 years of hospitalization through lung cancer and heart attacks until her death in 1982 costing an average of $197,000 for a lung cancer case over 8 years in 1980 and $14,200 per heart attack in 1980 money...  Lol WELFARE QUEEN!" | show=}}
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{{Text |
As a Libertarian, I'm a huge fan of Ayn Rand. Why? Because there is no way Ayn paid for her Medicare.
That makes her smart.
Medicare didn't even begin until 1965.
People forget that the WWII generation never paid their whole lives into Medicare, they just got it. Only Boomers and later had to pay every check of their working lives. And Medicare was basically free through the 1960s (literally $1 or $2 per month for your average family). They only really started charging for it anywhere near the full rate they charge now under Reagan (from 1986 forward).
She advocated against it. She began drawing benefits in 1974, and only would have been responsible for paying anything from 1966 until she turned 65 in 1970. For this she only could have paid up to the legal maximum of $23.10 in 1966, $30.00 in 1967, and $46.80 in 1968, 1969 and 1970. That's right, by law, the maximum Ayn Rand could have possibly paid into Medicaid was $193.50, (or about $1,200 in today's money adjusted for inflation).
For that paltry sum, she then used Medicare benefits for 8 years of hospitalization through lung cancer and heart attacks until her death in 1982 costing an average of $197,000 for a lung cancer case over 8 years in 1980 and $14,200 per heart attack in 1980 money, (or about $660,000 in today's money adjusted for inflation). Put simply, she took out 600 times the benefits (60,000.00%) more than she she paid in.
Lol WELFARE QUEEN!
Here are the sources:
Historic Tax Rates: https://www.ssa.gov/oact/progdata/taxRates.html
Yearly maximums: https://www.ssa.gov/oact/COLA/cbb.html#Series
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