In 2012, Congress established an upper level for Middle Class income at $450,000 per year in the "Fiscal Cliff" negotiations. Currently, the Social Security Cap is set at $127,200 for 2017. This means an upper middle class earner will not have to pay payroll tax on wages over $127,200. Since there is now an established upper limit to middle class workers, why shouldn't the cap be set at $450,000 to capture more benefit revenue that would increase benefits to existing citizens, and extending the Social Security Trust Fund solvency well into the 22nd Century.



