SS should be a progressive tax rate.

[Fresh_Start]

currently it is a regressive tax due to the cap.
But higher income is associated with longer longevity...since higher incomes will collect longer, they should contribute more.

[byeya]

1. Yes, remove the cap.

[Fresh_Start]

2. but also increase the rate of personal contribution on higher incomes.....

income over 200K should pay a higher percentage than income of 50K

[dkf]

3. The IRR shows higher incomes return less than the lower incomes.

The progressivism is in the return, not in the contribution as lower contributions mean lower benefits.

http://www.ssa.gov/OACT/NOTES/ran5/an2004-5.html

[DURHAM D]

4. It is regressive on the front end and progressive on the back end.