When I was 18, I was in a horrific car accident that injured my knee. At the time, being young, it did not cause me many problems, but my knee became aggravated by my work. I worked in manual labor most of my life, working as a logger and in the oil fields, which wrecked my body. When I was about 60 years old, I could barely stand because of my back and knees. I eventually went on Social Security Disability Insurance (SSDI), which was later converted into Social Security Retirement. Like many seniors, I rent an apartment, but my benefits barely cover the cost of rent and utilities. I struggle to get by on the meager benefits.
I support scrapping the cap on payroll tax. Currently, any income above $118,500 is exempt from the Social Security payroll tax, meaning billionaires are not paying their fair share. If this cap was eliminated, benefits could be increased and Social Security would be solvent for decades to come. I expected to be able to work for the rest of my life, but my body endured decades of grueling work, like many people. I now have to rely on Social Security instead of traditional employment, but the benefits are too low. I’m barely able to keep a roof over my head. The payroll cap needs to be scrapped so that benefits meet the needs of our elderly and disabled communities.