Social Security

Social Security needs help.

It is estimated that by 2032, the social security trust fund will become insolvent, forcing 20-25% reduction in benefits.

Pictured: Diablo Canyon Nuclear Plant

We need to remove the cap on taxable income for Social Security, to allow millionaires and billionaires to pay their fair share into the program.

Currently income limit for social security taxes is capped at $184,500. If you earn more than that, you don't pay social security tax on that additional income.

That means the top 6% of income earners in this country do not pay their fair share of social security tax!

This same top 6% of income earners, controls 45-50% of the entire wealth in the USA!

So we are currently giving the richest in our society a massive tax break, and allowing one of our only national safety nets to run dry as a result.

The wealthiest in our society can pay the same tax rates as the rest of us.