To the Senate, House of Representatives, and President Obama:
We The People who elected you into office hereby petition you to raise the cap on Social Security contributions, so that every American pays his or her fair share. Millionaires and billionaires pay NO Social Security taxes on the vast majority of their earnings. This is UNFAIR and UNAMERICAN. By lifting the cap this year, Social Security will remain solvent forever.
Why is this important?
Today, the Rich pay no Social Security taxes on earnings above $113,000. This means that millionaires pay NOTHING on almost all of their earnings! And yet, the President and Congress want to reduce Social Security payments to the elderly, who can least afford it. If the President and Congress would simply eliminate the cap on Social Security contributions, there would be no need to steal seniors' monthly SS payments from them, and SS could be solvent forever!
