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Tell Congress:
Make millionaires and billionaires pay their fair share into Social Security! Scrap the cap and EXPAND Social Security!
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John,
Today is tax day―but millionaires and billionaires stopped paying into Social Security months ago.
No matter what month it is, when I look at my paycheck, I see money going in to fund Social Security through FICA contributions.
But when someone earning a million dollars looks at their next paycheck, that line will be ZERO. And it won’t come back until 2025.
That’s because FICA contributions are capped for Social Security. Once you’ve earned $168,600 in a calendar year, the withholding stops.
We should scrap the cap for Social Security. We did it for Medicare in the 1990s―it’s time to do it for Social Security too.
Tell Congress: Scrap the cap! Expand Social Security!
When millionaires and billionaires pay their fair share, we can afford to EXPAND Social Security benefits. But politicians controlled by billionaire paymasters are trying to slash benefits in order to keep their taxes low. Together, we will stop them.
Thank you,
Alex Lawson
Social Security Works
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