Are you going take the cap off of benefits as well?
Wouldn't have to in order to stabilize the program (at the expense of greater subsidization of lower wage earners by higher wage earners). Due to the progressive return system employed, the more you pay in the less the return % (90% for first $960 of monthly wage, 32% of above that up to $5583, then 15% for everything above that). Eliminating the cap could technically fix or make a big dent the financial insolvency issue if benefit formulas don't change as every new dollar in collection results in only $0.15 in future benefit to payer. It would increase the political issue for upper middle class/wealthier wage earners. It would have essentially zero impact on the true wealthy that make income via investment (non wage). Ultimately this is simply a math problem of balancing taxes with benefits that has been made almost unsolvable due to trying to turn it into social/political problem without addressing the math.