I paid the max in for at least 25 years.
Not only have most small business owners paid the max but their contributions to match their employees is well above that. During my business life I have had an average of $800,000 in payroll each year. Someone calculated that that is over 100,000 (@14%) in additional money I paid the government for the so called “trust fund” matching contribution. And let me tell you as a small business owner that comes right off the top of the income my little business earns. And let me tell you another thing...I am going to take whatever those bastards pay me back in my own SS with both fists !!!
And I did as well. There were a number of years running when I maxed out my payments to SS around September of those years and it was like getting a raise. Methinks that there is something wrong with this fellow's "equation" and I believe that "something" is the huge number of people receiving benefits under one name or another who've never paid a dime into the system.
I'm certainly glad to agree that the whole wealth redistribution scheme was a farce from the very beginning.