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Notice that as you pay more into Social Security, the tax you pay increases much faster than the computed maximum benefit you'll receive.

Some years back, there was a regular column in Fortune magazine called Keeping Up. At that time the author did some calculations on the value of Social Security.

He assumed someone was retiring then at age 65, after having worked and paid into the system at the maximum rate their entire adult life. He computed the "lump sum" they'd have if their contributions (matched by the employer, of course) had been invested at 3%.

At that time, the resulting lump sum would buy an annuity that paid about 75% more than the maximum SS benefit.

Great deal, eh? And consider the sheer scale . . . the whole scheme makes Bernie Madoff look like a rank amateur swindler.

Now there's talk about punishing those who've scrimped & saved for their own retirements by reducing SS benefits for these folks.

If they deny/means test for SS benefits that people have paid for all their lives . . . the Tea Party may morph into the Guillotine Party.