Most Americans pay 6.20% of their incomes to Social Security taxes. But not so the wealthy. The Social Security tax applies only to the first $118,500 of income (the “cap”). As soon anyone reaches that limit, they’re done for the year. Add your name to become a citizen co-sponsor of the "Scrap the Cap" bill, and help make sure YOUR Social Security will be there for you, no matter how long you live >>