Don't cut Social Security - just "Scrap the Cap!"
  • Petitioning President of the United States

This petition will be delivered to:

President of the United States
U.S. Senate
U.S. House of Representatives

Don't cut Social Security - just "Scrap the Cap!"

    1. Social Security Works - Washington
    2. Petition by

      Social Security Works - Washington

      WA

Some members of Congress want to cut Social Security benefits to pay for Wall Street's greed. Even though 401(k)s were decimated by reckless bankers, home values have plummeted, and nest eggs are gone, conservative politicians defend a lower payroll tax rate for millionaires than what is paid by middle class families.

Social Security has a surplus of more than $2 trillion - enough to cover benefits for 25 years or more. It is fully funded by the payroll contributions of American workers; it doesn't contribute a dime to the nation's deficit. And now more than ever, Social Security benefits are critical to more than 50 million Americans who rely on them.

Instead of cutting benefits or raising the retirement age, our elected leaders should protect working class families and "Just Scrap the Cap".

What's "the cap"?

Right now, everyone pays Social Security taxes only on the first $110,100  they earn, which means most people pay Social Security taxes on their whole paycheck. But after $110,100, no contribution is made to Social Security - so a whole lot of wealthy people don’t pay a dime in Social Security taxes on most of what they make. That's "the cap".

Social Security could pay full benefits forever if millionaires simply paid the same Social Security tax rate as most other people do. Heck, we could even afford to improve benefits a bit.

But unless we tell Congress to "Just Scrap the Cap," they could cut Social Security benefits instead.

Please sign this petition to tell Congress - tell them: No cuts to benefits, and Scrap the Cap!

Recent signatures

    News

    1. Reached 4,000 signatures
    2. Tell Congress: No cuts to Social Security - Just Scrap the Cap

      Social Security Works - Washington
      Petition Organizer

      Thanks to your hard work and support, our message got through to the Supercommittee loud and clear: "No cuts to Social Security!"

      But you can bet Social Security will be at risk in future budget deals - despite the fact that it doesn't add one penny to the deficit! We need your continued help to remind every single Congressperson that Social Security benefits shouldn't be cut to pay for Wall Street's greed.

      Tell them: No cuts to Social Security - Just Scrap the Cap!

      This could be really big if we all pull together.

      Thank you for all of your help so far!

      Sincerely,

      Aaron, Alex, Robby and the rest of the gang at Social Security Works - Washington

      P.S. Here's a link to our Scrap the Cap video, if you haven't seen it yet...

    3. Reached 750 signatures

    Supporters

    Reasons for signing

    • Stephen Monroe Tomczak WALLINGFORD, CT
      • about 1 month ago

      Everyone should pay into social security fully. It is outrageous that the super wealthy get away with actually paying LESS of their income than the rest of us.

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    • Elisabeth Parker SAN JOSE, CA
      • 3 months ago

      I know so many people who got laid off, couldn't work, and were forced to take early retirement for a lower payment, even though they'd worked and put into social security all their adult lives. Please -- NO CUTS!

      REPORT THIS COMMENT:
    • Jill Smith EATON RAPIDS, MI
      • 4 months ago

      There is no reason that the rich shouldn't have to pay their S.S. like the rest of us. They will get it back like the rest of us.

      REPORT THIS COMMENT:
    • Angel Przybylowicz OLYMPIA, WA
      • 4 months ago

      It's just the right thing.

      REPORT THIS COMMENT:
    • Michael Guzman LAS VEGAS, UNITED STATES
      • 4 months ago

      I rely solely on social security benefits to survive, not that I'm retired by choice but because I'm unemployed and can't find work (or can't find an employer who will hire seniors). So why should millionaires get a break when we work just as hard for our money. Rather, the first $31,200 earnings ($15 hour) should be tax free or at a lower tax rate, close corporate tax loopholes & JUST SCRAP THE CAP.

      REPORT THIS COMMENT:

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