scrap the caps on Social Security's "contribution and benefit base
Why is this important?
scrap the caps on Social Security's "contribution and benefit base," also known as the "maximum taxable wage base." Social Security limits the amount of earnings subject to taxation through FICA contribution". that way everyone earning income in the U.S.A. pays into Social Security from January 1 thorugh December 31. This will not only create a positive infusion of revenue into Social Security, eliminate any need to reduce benefits, or age, to receive benefits but will also create jobs in that more people will be willing to retire knowing that Social Security is safe
