The cap on income subject to social security should be removed in the US. I think it will help the older generation with having a place to live and not needing to rely on their kids or family members. I think having more benefits from social security would be the right way to go.
No, the cap on income subject to social security payments should not be removed, because there is a limit on what each individual person can receive in payouts. Social security works more or less as an insurance system. When a person pays into social security, they can receive a payoff. But there is a limit to what a person can receive. Because benefits are limited, it is only fair to require a person to pay in no more than they can receive in benefits.