Fix Social Security

Social Security is funded through deductions to everyone’s paychecks. We pay in while we’re working, and then collect benefits when we retire but not everyone pays equally.

While 94% of American workers pay Social Security tax on every dollar in their paycheck, the very richest Americans stop paying Social Security taxes on taxable earnings over $132,900 but it does not have to be that way.

By simply requiring upper-income Americans to pay the same tax rate as middle-class families, Social Security's benefits could be expanded, and its funding would remain in balance for decades beyond the longest projections. 

Scrap the cap!

Require upper-income Americans to pay the same tax rate as the 94% of American working  middle-class families that make less than $132,900 a year. This adjustment will keep Social Security solvent in perpetuity. 

 

Who's signing

Samuel Mengelkoch
Douglas Seavey
Karen Milano
Andrew Weinberger
Robert Alvarez
Carolyn Johnson
Keisha Branch
Archie Palmer
Rita Sheehan
Paula Bushkoff
208 signatures

Will you sign?

Showing 154 reactions

  • Ellen Kovac
    signed 2019-05-21 13:15:35 -0400
    The cap on Social Security contributions protects those who need that protection the least, at the expense of people who can hardly get by. There is no reason to cut benefits. Scrapping the cap is the easiest, least painful fix for the projected Social Security shortfalls.
  • Samuel Mengelkoch
    signed 2019-05-18 00:32:43 -0400
  • Ellen Oshiro
    signed 2019-05-09 21:17:00 -0400
    A sensible solution! Thank you!!
  • Douglas Seavey
    signed 2019-05-09 11:00:33 -0400
    Douglas H Seavey
  • Karen Milano
    signed 2019-05-04 16:10:07 -0400
  • Paul Meyers
    signed 2019-05-01 23:30:34 -0400
  • larry fyfe
    signed 2019-04-27 17:11:10 -0400
    larry fyfe
  • Cyril Beveridge
    signed 2019-04-27 09:50:47 -0400
  • Ben Turgelsky
    signed 2019-04-24 15:53:26 -0400
  • Andrew Weinberger
    signed 2019-04-23 22:34:23 -0400
    Andrew B Weinberger, MD
  • Bonnie North
    signed 2019-04-23 20:20:15 -0400
    It’s high time the obscenely wealthy pay more, since they can afford more and get bigger tax breaks.
  • K. R. Searle
    signed 2019-04-23 19:19:22 -0400
  • Howard Schwartz
    signed 2019-04-23 15:23:24 -0400
    Howard Schwartz
  • Stephen Gruber
    signed 2019-04-23 15:05:08 -0400
  • Robert Alvarez
    signed 2019-04-23 13:20:54 -0400
  • mel blackburn
    signed 2019-04-23 12:30:10 -0400
    mel blackburn
  • Carolyn Johnson
    signed 2019-04-23 09:59:58 -0400
  • John Lynn
    signed 2019-04-23 09:03:17 -0400
    John Lynn
  • Keisha Branch
    signed 2019-04-23 08:40:04 -0400
    Keisha Branch
  • Raymond Valinoti
    signed 2019-04-23 07:58:06 -0400
  • Jane Davidson
    signed 2019-04-23 06:18:53 -0400
    Absurd that the wealthy assume so little of the tax, yet receive the maximum. The whole burden goes to the middle class. Then they say that the lower middle classes who paid into it all of their working lives aren’t entitled to the benefit and/or they want to cut it. The top 1% wealthy members of our society are the ones who are draining social security and don’t even need such a paltry amount of income.
  • Archie Palmer
    signed 2019-04-23 03:29:54 -0400
    That ordinary workers must pay into Social Security while those with incomes of over $132,900 annually are “capped” is a disgraceful and abusive situation. All income, not just that of those who depend on their earnings merely to exist and contribute into our common support system, must be available for this mutually beneficial enterprise. Include all income – earned and unearned – in the formula for computing Social Security contributions.
  • Wendy Lukowitz
    signed 2019-04-22 17:15:57 -0400
  • Jeffrey Kroon
    signed 2019-04-22 14:20:22 -0400
  • Margaretha Wexler
    signed 2019-04-22 12:47:28 -0400
  • Karl Manger
    signed 2019-04-22 12:30:43 -0400
  • Charles Kletz
    signed 2019-04-22 11:04:15 -0400
    Charles R Kletz
  • Niki Learn
    signed 2019-04-22 10:19:09 -0400
  • Rita Sheehan
    signed 2019-04-22 10:14:32 -0400
  • Paula Bushkoff
    signed 2019-04-22 10:09:25 -0400