Not surprisingly — your tax point is completely incorrect.
I’m not sure how, since I agree completely with what you just posted. I expressly stated that “Social Security is easy, Medicare is hard” with exactly what you posted in mind. It would not be my PREFERRED solution, to do it all by lifting the cap (which turns SS into a welfare program, but that;s kind of inevitable, ultimately), but it works. (118K may be statistically the 80% percentile, but you don’t feel all that rich if you’re living in NYC or San Francisco, eh?)
Maybe you’re not speaking enough English these days, Jack. Comprehension down? Or too much Austrian beer while posting? :-)