Petition Closed

Social Security is solvent, safe and doesn't contribute to the deficit. It has a surplus of more than $2 trillion - and is fully funded by the payroll contributions of American workers.

But 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.

Now more than ever, Social Security benefits are critical to the more than 50 million Americans who rely on them. Instead of cutting benefit or raising the retirement age, our elected leaders should protect working class families and "just scrap the cap".

What's "the cap" and why should we scrap it?

Currently, workers contribute to Social Security only on their first $106,800 of income - those earning over it don't pay Social Security taxes on that income. That's "the cap".

Simply requiring upper-income taxpayers to contribute at the same rate as many middle class families would allow benefits to be strengthened and keep the program in balance for future generations.

Simply put: if millionaires paid the same tax rate as everyone else, Social Security benefits would be secure forever.

Letter to
Representative Gary Miller
Senator Rob Portman
Representative Chris Van Hollen
and 9 others
Senator Patty Murray
Senator Max Baucus
Senator William Cowan
Senator Jeff Flake
Representative Jeb Hensarling
Representative James Clyburn
Representative Fred Upton
Representative Dave Camp
Senator Pat Toomey
I just signed the following petition addressed to: Congress.

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Don't cut Social Security benefits: Just scrap the cap!

Social Security is solvent, safe and doesn't contribute to the deficit. It has a surplus of more than $2 trillion - and is fully funded by the payroll contributions of American workers.

Working Americans are in trouble. 401(k)s were decimated by Wall Street, home values have plummeted, and nest eggs are gone - yet some in Congress continue to defend a lower Social Security payroll tax rate for millionaires than what is paid by middle class families.

Now more than ever, Social Security benefits are critical to the more than 50 million Americans who rely on them. Instead of cutting benefit or raising the retirement age, we're relying on you to protect working class families by scrapping the cap on payroll taxes.

Currently, workers are taxed only on their first $106,800 of income - people earning over that amount don't pay taxes on that income. By simply requiring upper-income taxpayers to contribute at the same rate as many middle class families, benefits could be strengthened and Social Security would remain in balance for beyond the longest projections.

Please support the 50+ million working people and families who rely on Social Security benefits. Just scrap the cap.

Sincerely,