People should be given back what they paid in. This still is a loss because they were deprived the use of their wealth and the benefits of interest or investment it could have earned for them. It doesn’t seem ok to take money from people just because they are well off.
“People should be given back what they paid in.”
Nobody paid ‘in’ to anything. There is no account with your name on it to put anything into it. You were taxed to pay for someone’s SS check and you’ll need to get the govt to tax someone else to pay for your SS check.
Who’s going to give it back? Where is that money?