If You Are A Baby Boomer - the real reason YOU SHOULD BE FURIOUS over CPI cuts:

[reteachinwi]

158. SS was means tested in 1993

I don't want to see boomer CEO's paying a few tens of thousands for the next few years, just to get hundreds of thousands per year for the next 20-30 after that.

This is either incorrect or propaganda on your part.

The lie here is the assertion that a significant portion of benefits goes to multimillionaires. In fact, their share of benefits is minuscule. That's because there aren't very many of them, and they don't get more than the maximum old-age benefit, which was $30,156 last year. According to the IRS, only 47,732 households reported income of more than $1 million, including Social Security benefits, in 2010. Their total take was about $1 billion, after paying income tax on their Social Security checks. They account for about 14 hundredths of one percent of all Social Security outlays.
http://www.latimes.com/business/la-fi-hiltzik-20130310,0,883000,full.column

A4. In 1993, legislation was enacted which had the effect of increasing the tax put in place under the 1983 law. It raised from 50% to 85% the portion of Social Security benefits subject to taxation; but the increased percentage only applied to "higher income" beneficiaries. Beneficiaries of modest incomes might still be subject to the 50% rate, or to no taxation at all, depending on their overall taxable income.
http://www.ssa.gov/history/InternetMyths2.html

Your claimed background as an accountant or tax preparer means you would know this.