How Do We Save Social Security? Eliminate the Payroll Cap

by United for a Fair Economy on Oct 30, 2013 | Views: 155 | Score: 0
% of Income Paid toward Social Security
Annual Income
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United for a Fair Economy
United for a Fair Economy on Oct 30, 2013 2:14 PM said:

Every worker pays social security taxes on their earned income, but there is no tax on annual pay above $113,700. Of those workers with earnings above that amount, 100% are high income, roughly 81% are white, and 77% are men. Those who can most afford to contribute to the social security pot are given an unneccesary and costly free ride.