host: leddy from taxes. - from texas. caller: i understand there's like cap on paying, would that not benefit the program if it continued. if it continued to pour into the system and those people continue to get it anyway, is that correct? guest: the cap this year is 147,000 they stop paying into social security. they get a 1.6% bonus. it is the reverse of income tax which is progressive and aggregated. they should bring back the fica tax, between 147 and 400. democrats said they will not tax anyone making less than 400,000. if they were to remove the cap completely it would not solve all of their funding programs but it would go a long way. the actuary doesn't analysis of what it would need to remove the cap. people who are multimillionaires are paying in the same dollar amount as the same people who make up to 140,000. fica applies only to wages. host: how was that calculated as far as social security is concerned? guest: if you make 20,000 year you are paying 1.2%. host: the larson bill, the mena fit of 25% talk about

host: leddy from taxes. - from texas.aller: i understand there's like cap on paying, would that not benefit the program if it continued. if it continued to pour into the system and those people continue to get it anyway, is that correct? guest: the cap this year is 147,000 they stop paying into social security. they get a 1.6% bonus. it is the reverse of income tax which is progressive and aggregated. they should bring back the fica tax, between 147 and 400. democrats said they will not tax anyone making less than 400,000. if they were to remove the cap completely it would not solve all of their funding programs but it would go a long way. the actuary doesn't analysis of what it would need to remove the cap. people who are multimillionaires are paying in the same dollar amount as the same people who make up to 140,000. fica applies only to wages. host: how was that calculated as far as social security is concerned? guest: if you make 20,000 year you are paying 1.2%. host: the larson bill, the mena fit of 25% talk about th