Payroll Tax

High Earners Should Contribute Fair Share to Social Security: Policy Options

Although Social Security is our nation’s most secure, fair, and universal protection against death, disability, and economic insecurity in old age, not all Americans contribute equally to this critical family protection program.  Only wages up to a certain cap–$118,500 in … Continue reading

Senator Sanders’ Bill Guarantees Social Security for 75 Years

The Keeping Our Social Security Promises Act, S. 1558, introduced by Senator Bernie Sanders (I-VT), truly strengthens Social Security for future generations. The bill closes Social Security’s 75-year funding gap by applying Social Security payroll tax contributions to covered earnings … Continue reading