1. United States
  2. Ore.
  3. Letter

Don't cut Social Security! Make the Rich pay their Fair Share!

To: Sen. Wyden, Rep. Salinas, Sen. Merkley

From: A constituent in Sheridan, OR

June 16

Don't cut Social Security — make billionaires pay their share! The 2026 Trustees Report confirms the trust fund runs dry in 2032, triggering an automatic 22% benefit cut. Trustees say the 2025 tax bill made it worse by cutting Social Security revenue. That was a choice — and cuts don't have to be the answer. Fix this by: 1) Scrapping the payroll tax cap so income over ~$176k pays in too, 2) Taxing investment income/capital gains for Social Security, where billionaire wealth actually sits, 3) Reversing the 2025 tax bill provisions that drained the fund, and 4) Combining OASI/DI as a bridge — not an excuse to delay. A 22% cut means homelessness and debt for seniors and disabled people on fixed incomes who paid in their whole lives. The money exists. Tax it fairly!

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