In 1983 (Reagan Administration) there was a bipartisan agreement that a wage cap should be established at 90% of all income in the US. After that wages at the top started increasing 10% to 20% a year, while the wage cap appears to have been set at inflation (2% to 4%). By the mid 1990s it was down to 85% and recently has been as low as 82%. All they need to do is put it back to 90% and keep it there.
So do I get a larger benefit to match the bigger contribution, or do you just plan on helping yourself to more of my money?
I’m not following what you said...
Then they'll need to up the maximum benefit. They won't. But then they should start calling it welfare instead of insurance, because that's exactly what it'll be.