TELL CONGRESS: Teachers, nurses, and customer service workers all pay a greater percentage of their incomes in Social Security taxes than Elon Musk and Jeff Bezos. It’s time to end this unfair, outrageous tax loophole.
Sign the petition: End tax breaks for the ultra-wealthy and expand Social Security!
What are 40% of those supporting trump looking at to confirm their vote for him? Racism? The Fed Debt from 14 to 21.6Tril, The Trump Wall cost $11 – 21.6 BIL, and took 3.5 years to build! Over 2.7Mil jobs lost, Deficit grew 36%, 3Mil lost and or lacked healthcare -My2Cents
Trump’s Final Numbers after only one Term in office
The statistics for the entirety of Donald Trump’s time in office are nearly all compiled. As we did for his predecessor four years ago, we present a final look at the numbers.
For the entire article: factcheck.org
Petition to Congress:
We urge you to scrap the cap on Social Security taxes, make millionaires and billionaires pay their fair share of Social Security taxes, and protect and expand Social Security benefits for seniors.
While billionaires like Elon Musk take advantage of the broken American tax system, many seniors are struggling to get by.
While House Republicans try to slash Social Security, Senator Bernie Sanders is fighting to protect and expand benefits. Sen. Sanders said recently, “It is absurd that a billionaire in America today pays the same amount of Social Security taxes as someone making $168,000 a year.”1
Teachers, nurses, and customer service workers all pay a greater percentage of their incomes in Social Security taxes than Elon Musk and Jeff Bezos. It’s time to end this unfair, outrageous tax loophole for the rich and strengthen one of America’s most important social safety net programs.
Sign the petition: Protect and expand Social Security! It’s time to get rid of the ridiculous cap on Social Security taxes for millionaires and billionaires.
The vast majority of workers pay into Social Security all year long, but millionaires and billionaires don’t have to because of the cap on Social Security taxes.2 The Social Security Board recently released a report concluding that Social Security will have a funding shortfall without tax increases on the rich.3 This is a crisis for one of the most important social safety net programs in America.
Big corporate CEOs only pay Social Security taxes at the very beginning of the year — then, their massive salaries roll into their bank accounts without paying into the program. This is not how our tax system should work. And it’s not how a democracy should function.
Instead of doing what the American people demand and making the wealthy pay their fair share, Wall Street-funded politicians are trying to set up a closed-door commission to cut Social Security in secret. We can’t let it happen.
Sign the petition to Congress: Scrap the Cap, protect Social Security, and make the ultra-wealthy pay their fair share!
demandprogress.org
Sources:
1789 – The U.S. Congress passed the First Judiciary Act. The act provided for an Attorney General and a lower federal courts.
1869 – Thousands of businessmen were financially ruined after a panic on Wall Street. The panic was caused by an attempt to corner the gold market by Jay Gould and James Fisk.
1915 – “The Lamb,” Douglas Fairbanks first film, was shown at the Knickerbocker Theater in New York City, NY.
1929 – The first all-instrument flight took place in New York when Lt. James H. Doolittle guided a Consolidated NY2 Biplane over Mitchell Field.
1933 – “Roses and Drums” was heard on WABC in New York City. It was the first dramatic presentation for radio.
1934 – Babe Ruth played his last game as a New York Yankee player.
1938 – Don Budge became the first tennis player to win all four of the major titles when he won the U.S. Tennis Open. He had already won the Australian Open, the French Open and the British Open.
1957 – The Brooklyn Dodgers played their last game at Ebbets Field.
1957 – U.S. President Eisenhower sent federal troops to Little Rock, AR, to enforce school integration.
1960 – The first nuclear powered aircraft carrier was launched. The USS Enterprise set out from Newport News, VA.
1961 – “The Bullwinkle Show” premiered in prime time on NBC-TV. The show was originally on ABC in the afternoon as “Rocky and His Friends.”
1963 – The U.S. Senate ratified a treaty that limited nuclear testing. The treaty was between the U.S., Britain, and the Soviet Union.
1968 – “60 Minutes” premiered on CBS-TV.
1968 – “The Mod Squad” premiered on ABC-TV.
1977 – “The Love Boat” debuted on ABC-TV. The theme song was sung by Jack Jones and was written by Paul Williams and Charles Fox.
1995 – Three decades of Israeli occupation of West Bank cities ended with the signing of a pact by Israel and the PLO.
1996 – The United States, represented by President Clinton, and the world’s other major nuclear powers signed a Comprehensive Test Ban Treaty to end all testing and development of nuclear weapons.
1998 – The U.S. Federal Reserve released into circulation $2 billion in new harder-to-counterfeit $20 bills.
2001 – U.S. President George W. Bush froze the assets of 27 suspected terrorists and terrorist groups.
2003 – Anthony Hopkins received a star on the Hollywood Walk of Fame.
1792 – The French National Convention voted to abolish the monarchy.
1784 – “The Pennsylvania Packet and Daily Advertiser” was published for the first time in Philadelphia. It was the first daily paper in America.
1893 – Frank Duryea took what is believed to be the first gasoline- powered automobile for a test drive. The “horseless carriage” was designed by Frank and Charles Duryea.
1897 – The New York Sun ran the “Yes, Virginia, there is a Santa Claus” editorial. It was in response to a letter from 8-year-old Virginia O’Hanlon.
1931 – Britain went off the gold standard.
1931 – Japanese forces began occupying China’s northeast territory of Manchuria.
1937 – J.R.R. Tolkien’s “The Hobbit” was first published.
1941 – “The Second Mrs. Burton” premiered to the entire CBS Radio Network.
1948 – Milton Berle debuted as the host of “The Texaco Star Theater” on NBC-TV. The show later became “The Milton Berle Show.” Berle was the regular host until 1967.
1948 – “Life With Luigi” debuted on CBS Radio.
1949 – Communist leaders proclaimed The People’s Republic of China.
1957 – “Perry Mason”, the television series, made its debut on CBS-TV. The show was on for 9 years.
1961 – Antonio Abertondo swam the English Channel (in both directions) in 24 hours and 25 minutes.
1964 – Malta gained independence from Britain.
1966 – The Soviet probe Zond 5 returned to Earth. The spacecraft completed the first unmanned round-trip flight to the moon.
1970 – “NFL Monday Night Football” made its debut on ABC-TV. The game was between the Cleveland Browns and the New York Jets. The Browns won 31-21.
1973 – Henry Kissinger was confirmed by the U.S. Senate to become 56th Secretary of State. He was the first naturalized citizen to hold the office of Secretary of State.
1981 – The U.S. Senate confirmed Sandra Day O’Connor to be the first female justice on the U.S. Supreme Court.
1981 – Belize gained full independence from Great Britain.
1982 – National Football League (NFL) players began a 57-day strike. It was their first regular-season walkout.
1982 – Amin Gemayel was elected president of Lebanon. He was the brother of Bashir Gemayel who was the president-elect when he was assassinated.
1984 – General Motors and the United Auto Workers union reached an agreement that would end the previous six days of spot strikes.
1985 – North and South Korea opened their borders for their family reunion program.
1993 – Russian President Boris N. Yeltsin announced that he was ousting the Communist-dominated Congress. The action was effectively seizing all state power.
1996 – The board of all-male Virginia Military Institute voted to admit women.
1996 – John F. Kennedy Jr. married Carolyn Bessette in a secret ceremony on Cumberland Island, GA.
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