Yes, we understand all that.
“Until then, the rich can kiss my ass.”
Dragging more people into the misery sounds more spiteful than it does a solution to the problem.
SS exists only because the middle and lower income people failed to provide for their own retirement. That gave FDR the excuse to have the government run the the rescue by forcing people into contributing for their retirement. The high earners have never given the government an excuse to interfere with their own retirement planning. High earners consider that 12% tax on the first $97K of their income to be just that — a tax where they will get practically nothing back for it. Eliminate the cap and it will just be a larger tax that they will get nothing back for it.
Contrary to your belief, there are not enough people in this group to matter politically. The really wealthy do not get their money from wages. Those are the ones that might have political influence. What you are talking about is hurting the comparative little guy — with $100K to $500K in wages — that couldn’t pull a political lever if his life depended on it.
Homosexuals make up about 1 to 3 percent of the population. They have a disproportionate share of political clout. Many of them are in the wage group you think will be most hurt. Maybe we can put the homosexuals to good use.