If you get rid of SS you are going to force people to either work until they die, or have tens of millions of older adults living in poverty during their golden years. What happens to the children of a parent that has died without aid to dependent children, what happens to handicapped individuals if there is no longer SSI, what happens to person that is injured on the job and is now disabled? Are we going to say, "tough luck" to them?
SS and Medicare/Medicaid are being taken out of our checks already, so they are not added anything to the deficit that could not be fixed by just taking the cap off the program. Why should you stop paying into the system once you reach $160,000 a year? If you make that amount, you pay the exact figure that Patrick Mahomes pays into the program, and he makes 40 to 50 million a year. How is that far to anyone other than the 1%ers. You do not stop paying sales tax when you reach a given level or property tax, why do they stop collecting SS tax?
Take the lid of the top amount, you make 50 million, you pay SS tax on all of it, and then means test it. Sorry Pat, but you do not qualify for SS, I guess you are going to have to make it on the 500 million you made playing football.