We should also realize that the Federal goverment doens't need "tax payer dollars" when it can create whatever it wants with Congressional budget approval.
YOUR dollars are FEDERAL dollars that were created by Congress.
Uncle Sam can afford anything as long as we have the resources.
It is very odd, for several years my SS hits the cap in Sept/October or so, then the last few months I get a small raise, that goes away in January.
2nd year this happened I changed jobs, and they had a problem with my direct deposit so my boss was looking at my paycheck and freaked out about it.
It was odd to start to earn enough to get the rich person's bonus in the last month of paychecks when the SS contribution maxed out--I'd be happy to scrap the cap
What's amazing is that if we remove the cap, we'd be able to reduce the % for all hardworking people, $50K- and $20B-earners alike.
It also should apply to income from all sources.
