Petition Text
I want to remove cap on the FICA taxes and self employment taxes.
Why is this important?
Only those earning $115,000 and below pay the full amount ie 15% of their total net imcome.
One can make a billion dollars and still will only pay 15% on $115,000.00. This is not fair.
This is regressive and the cap should be done away with and the richest among us should be forced to pay their fair share.
Then Social Security would be solvent for milliniums.