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remove the $106,000 social security cap in order to make the program solvent

Created by D.M. on September 23, 2011

in order to strengthen and protect the social security program for generations to come, the top earnings cap of $106,000 should be raised significantly or removed altogether. Middle income wage earners pay into social security all year, unless they make over $106,000. Upper wage earners do not have to contribute to social security after their income exceeds this amount. By requiring all wage earners to contribute to the program no matter the amount of income earned, this program, which is so important to average workers, will be significantly strengthened, and will continue to be available to all Americans for many decades to come.

Economy & Jobs
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