Watch the short video: As always, Robert Reich explains things very well and he does it as quickly as possible. In this short video Prof. Reich says NO, we don’t need to “raise the retirement age” and / or “cut benefits”. Instead, we can “increase social security benefits” and “insure the solvency of social security” by “eliminating the cap on income subject to social security taxes”. It simply “isn’t fair that a billionaire pays the same social security tax as someone making $118,500 (2015) a year”. As Prof. Reich says “SRAP THE CAP” – it is only fair.