[Occupymendocino] [Fwd: FW: This Thursday, the millionaires stop paying into Social Security]

[nlnelson at mcn.org]

wondering how many saw this.....

Nancy Wallace Nelson


---------------------------- Original Message ----------------------------
Subject: FW: This Thursday, the millionaires stop paying into Social Security
From:    "Freddie Long" <longfreddie at gmail.com>
Date:    Tue, February 14, 2017 3:41 pm
To:      "Freddie Long" <LongFreddie at gmail.com>
--------------------------------------------------------------------------

From: Michael Phelan, Social Security Works
[mailto:info at socialsecurityworks.org]
Sent: Tuesday, February 14, 2017 12:01 PM
To: longfreddie at gmail.com
Subject: This Thursday, the millionaires stop paying into Social Security







 Logo <http://www.socialsecurityworks.org/img/SocialSecurityWorks.gif>




FREDDIE,

This Thursday, millionaires and billionaires will stop paying into Social
Security. To shine a spotlight on this unfair policy, Social Security
Works is joining with Social Security Champion Bernie Sanders for a
national day of action.

Sign the pledge today! Pledge to call your Senators this Thursday,
February 16th and tell them that millionaires and billionaires should pay
into Social Security at the same rate as the rest of us—and that doing
so would allow us to expand benefits. We will send a script and a reminder
Thursday.

Right now, the way we fund Social Security―a regressive practice that
only applies to the first $127,200 of a wage earner’s
income―contributes to wealth and income inequality in the U.S.

A millionaire won’t pay anything into our Social Security system for at
least the last ten and a half months of the year. This is because our
Social Security system is primarily funded by payroll contributions (or
FICA). Once the FICA cap of $127,200 is reached, millionaires and
billionaires stop paying into the system, while the vast majority of
Americans continue to pay in on all of their salary.

Stand with Senator Bernie Sanders and Social Security Works. Pledge to
call your Senators this Thursday and tell them to “scrap the cap” on
Social Security payroll contributions and demand the wealthy pay their
fair share.

Social Security benefits provide critical financial stability to seniors,
children, surviving spouses and veterans. It is outrageous that
Republicans―at the behest of their Wall Street backers―continue to
call for cuts to Social Security based on a future projected shortfall to
the trust fund when all we need is to ask millionaires and billionaires to
pay their fair share!

Sign the pledge today. Join Social Security Champion Bernie Sanders in
calling on Congress to “scrap the cap” and require millionaires and
billionaires to pay into Social Security at the same rate as the rest of
us.

Thank you,

Michael Phelan
Social Security Works


  _____



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Who We Are
Social Security Works leads the fight every day to expand and protect our
Social Security system.


D

Social Security Works: The Book
>From co-founders Nancy Altman & Eric Kingson, this book makes the powerful
case that Social Security isn’t going broke and how expanding it will
help us all.


  _____


Contact 
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