John,
For 88 years, Social Security has made each payment in full and on time. But Social Security’s legacy is under threat by Wall Street and their bought-and-paid-for members of Congress who seek to cut and privatize our earned benefits.
They want us to believe that Social Security is going broke and that it won’t be there for future generations. But as Senator Sheldon Whitehouse recently said in a hearing on his Medicare and Social Security Fair Share Act:
"We CAN protect Social Security for all without cutting benefits. AND we get to end unfair tax dodges that let those at the top play by a different set of rules than everyone else."
Right now, taxpayers only pay into Social Security on their first $160,200 in wages. That means that millionaires stop paying into Social Security in February even as most of us pay all year long on all our wages. It's time for Congress to scrap the Social Security payroll tax cap to ensure millionaires start paying their fair share into Social Security!
On Social Security’s 88th birthday, donate $8.80, $88 or whatever you can afford to fight to protect Social Security for current and future generations.
Whether it’s Social Security, healthcare, housing, nutrition, or other critical services for working people and seniors, when the wealthy pay their fair share of taxes, we can afford to invest in our future.
Thank you,
David Kass
Executive Director
Americans for Tax Fairness Action Fund
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