Halt Social Security Privatization and Increase the FICA Cap

The Issue

Social Security is a bedrock of our society, providing critical financial support to retirees, families, disabled individuals, and survivors of deceased workers. We ask to stop any effort aimed at its privatization. Privatizing such a public institution disrupts the safety net it serves to provide. Moreover, with 64 million Americans currently benefiting from it (Source: Social Security Administration), the risk and instability associated with privatization could have far-reaching effects.

We also urge for a raise in the Federal Insurance Contributions Act (FICA) Cap. Currently, only the first $142,800 of a person's annual income is subject to FICA taxes (Source: IRS, 2021). This cap disproportionately affects middle-class workers who must pay a higher percentage of their income than those who earn more. Raising or eliminating the FICA cap could help to create a more equitable system and extend the solvency of the Social Security program.

We must protect and enhance our Social Security system, not risk it through privatization or limit it with an unfair FICA cap. Please, sign this petition to uphold the Social Security program and promote a fairer contribution system through FICA cap adjustments.

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The Issue

Social Security is a bedrock of our society, providing critical financial support to retirees, families, disabled individuals, and survivors of deceased workers. We ask to stop any effort aimed at its privatization. Privatizing such a public institution disrupts the safety net it serves to provide. Moreover, with 64 million Americans currently benefiting from it (Source: Social Security Administration), the risk and instability associated with privatization could have far-reaching effects.

We also urge for a raise in the Federal Insurance Contributions Act (FICA) Cap. Currently, only the first $142,800 of a person's annual income is subject to FICA taxes (Source: IRS, 2021). This cap disproportionately affects middle-class workers who must pay a higher percentage of their income than those who earn more. Raising or eliminating the FICA cap could help to create a more equitable system and extend the solvency of the Social Security program.

We must protect and enhance our Social Security system, not risk it through privatization or limit it with an unfair FICA cap. Please, sign this petition to uphold the Social Security program and promote a fairer contribution system through FICA cap adjustments.

The Decision Makers

Donald Trump
President of the United States
James Vance
Vice President of the United States
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