By Laraine Harrison (Contact)
To be delivered to: The United States House of Representatives, The United States Senate, and President Barack Obama
Currently, once a person earns $110,100, they no longer have to pay Social Security taxes. Many of us don't come close to earning this much. However, in 2011, the CEO of KKR & Co. paid off his Social Security taxes for the year before Jan. 10, 2011, six working days into the new year. If the income cap were removed, social security would be safe--probably forever.
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