Im not sure how much that would raise if the cap were removed completely; does anyone know? But I do think it should be removed completely.
Ironically, those who need Social Security the least are those who benefit the most and they in this high income bracket are taxed the least.
And, even more
ironic, it is these well-heeled people who are first in line to make
sure they get every penny they can out of Social Security who lecture us
that Social Security is not needed.