Just Scrap the Cap

The video may be funny, but the subject is serious—now more than ever, Social Security benefits are critical to the more than 50 million Americans who rely on them. Instead of cutting benefits or raising the retirement age, we're relying on you to protect working class families by scrapping the cap on payroll taxes.

Currently, workers are taxed only on their first $106,800 of income. People earning over that amount don't pay taxes on that income. By simply requiring upper-income taxpayers to contribute at the same rate as many middle class families, Social Security's benefits could be improved, and its funding would remain in balance beyond the longest projections.

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