Your voice is your strongest weapon in the fight to protect and extend your earned benefits—here is a tool to help you get loud!
WHEN THEY SAY… | WE SAY… |
Social Security is an unsustainable entitlement | You pay into the Social Security Trust fund with every paycheck through FICA, it is an earned benefit that you worked for and therefore deserve |
Social Security cannot be saved |
Congressman Larson’s proposal, Social Security 2100 Act has been certified by non-partisan actuarial to be solvent beyond the next 75 years |
Hard working Americans don’t need Social Security | Nearly half of Americans have less than $10,000 saved for retirement and 62% of aged beneficiaries rely on Social Security to provide them with more than half of their retirement income |
Everyone pays into Social Security equally, no changes are necessary | Millionaires and Billionaires don’t have to pay into the fund at the rate of working class employees. As it stands now, payroll taxes are not collected on wages over $128,400—giving the Millionaires and Billionaires an undeserved tax break |
Social Security isn’t reliable | The Social Security Administration wrote the first check on January 31st, 1940—Social Security hasn’t missed a payment since. |
Social Security is a senior benefit that just helps our aging population | Social Security is the most effective anti-poverty program in the US, lifting 22 million people out of poverty, including 1 million children. |
We can’t afford Social Security in the federal or state budget | Social Security is a pay-as-you-go system consisting of 87% payroll taxes, 10% interest and 3% benefit taxation—no funds are taken from the federal or state budget |
Congressman Larson’s Social Security 2100 Act increases benefits without addressing revenue sources | This proposal calls for a raise in the payroll tax maximum to $400,000 rather than the present $128,400. This increases revenue progressively so that the average worker is still spending about $0.50/week on Social Security. |