SS is supposed to pay benefits in proportion to how much you put into the system (each dollar YOU specifically put in, you supposed to get out). It wasn't meant

SS is supposed to pay benefits in proportion to how much you put into the system (each dollar YOU specifically put in, you supposed to get out). It wasn't meant as a wealth redistribution scheme and so far it isn't a hardcore redistribution scheme. The "rich" are capped at paying 15% of their income up to ~$100k. Not much money from the rich currently goes to the poor via SS (Medicaid is a different beast) Now, Obama has floated the idea to remove the $100k cap, WITHOUT paying any additional benefit. With the economy in its current condition, he has backed off that idea, but I won't be surprised if he resurrects the idea if we have a quick recovery. SS is a scam because on average it pays roughly 1% interest per year, versus an 8% average return in stock market. Furthermore it is scam because the government feels compelled to hide half of the money it takes from you by making your employer pay for half of your FICA taxes.