OK, so lets say step-1 is raise the cap to $1m. That may fix SS by itself.What if their income drops below $1 million, the year before retirement?
What if you only make +$1 million for one year?
So the top 1% of incomes pay a few bucks more in SS tax.
12.4% more isn't a few bucks.
If not, they can raise the ages 1-year.
SS needs to be fixed.