Proposing, modestly

Since the figures in the Wall Street Journal show that upper incomes rose by much more than those for the rest of the country over the past five years: essentially, 50% growth for those at the top, 25% overall (including the growth at the top, so it averages out to much less for the lower percentiles): perhaps it is time to index the portion of income subject to payroll taxes to something other than inflation. Let's index it, say, to the 99.9th percentile of income. Or if you want to be incredibly generous to the rich, to the 99th percentile. That way, when the rich get richer and the rest get screwed, at least the contribution from the wealthy to social security will increase.

Yours, angling for an even better cutoff: 100th percentile,
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