January 2, 2025 

In 2025, the maximum amount of earnings on which you must pay Social Security tax is $176,100. We raise this amount yearly to keep pace with increases in average wages. There is no maximum earnings amount for Medicare tax. You must pay Medicare tax on all your earnings.

No one wants to pay more taxes we all know that but at the same time we cannot let the people who depend on this program fall deeper into poverty by cutting the monthly checks or go without any support at all by taking the checks away.  

Despite what Mr. Musk calls a Ponzi Scheme it is by far anything but! 

Yes, indeed it is a social program that is designed to protect Americans who cannot fend for themselves.

A large part of the program pays retirement to people who have paid into the system their whole working life.  However, a very large amount is used to support citizens who may have never worked a day in their lives. We are talking about the disabled here, people who through no fault of their own cannot support themselves. 

So according to some of you out there that's not your problem! 

If that's your attitude and you're a Christian, I think you need to seek guidance from above. 

If you on the other hand are just a nonbeliever (that's your right)

I feel sorry for you because as a so called human you lick compassion and that is simply not the American way (shame)

Like it or not we need to fix this problem, and I think that the answer is within reach without cutting our social safety net programs. 

Some idea's as follows .

Idea One

1. Everyone must pay Social Security Tax on all earnings up-to at least $300,000. 

2. The full retirement age should be set at 70 years old

3. You can not take early retirement until age 65

Idea Two

Keep everything as is except add  a two cent per gallon gas tax nation wide.

Idea Three

Keep everything as is and add an import tax of one dollar per thousand of value.

Idea Four

Start a National Lottery to help support the system as is. 

Idea Five

Tax all lottery ticket sales five or ten cents on each dollar bet.

(If you can afford to bet you can afford to help your retirement) 

Whats your ideas on the subject we would love your feed back at

keepingfreedomusa@gmail.com

The current law on the books is as follows

The current tax rate for Social Security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. The current rate for Medicare is 1.45% for the employer and 1.45% for the employee, or 2.9% total. Refer to Publication 15 (Circular E), Employer's Tax Guide for more information.

Additional Medicare tax applies to an individual's Medicare wages that exceed a threshold amount based on the taxpayer's filing status. Employers are responsible for withholding the 0.9% Additional Medicare tax on an individual's wages paid in excess of $200,000 in a calendar year, without regard to filing status. An employer is required to begin withholding Additional Medicare tax in the pay period in which it pays wages in excess of $200,000 to an employee and continue to withhold it each pay period until the end of the calendar year. There's no employer match for Additional Medicare tax. For more information, see the Instructions for Form 8959 and Questions and answers for the Additional Medicare Tax.

Only the Social Security tax has a wage base limit. The wage base limit is the maximum wage that's subject to the tax for that year. For earnings in 2025, this base limit is $176,100. Refer to "What's New" in Publication 15 for the current wage limit for Social Security wages.

There's no wage base limit for Medicare tax. All covered wages are subject to Medicare tax.