Look at the article below and see how much more Social Security would benefit the working guy if we just taxed Blankfein's huge salary and bonuses:
Fiscal Cliff Primer: Should Congress Take Social Security Advice From Bailed-Out Goldman Sachs CEO Lloyd Blankfein?
By Zach Carter and Jason Linkins - Huffington Post
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Taxing Blankfein's 2011 salary and bonus would yield $606,347.60 for Social Security, or 41.1 years worth of average benefits. Given that the life expectancy of American men who reach age 65 is currently 83.1 years, one year of Social Security taxes on Blankfein's full salary and bonus could fund the entire retirement benefit for two men and an additional decade of benefits for a third worker.
If Blankfein's total 2011 compensation of $16.1 million -- including the $2 million salary, the $3 million bonus and stock awards worth $10.7 million -- were subjected to Social Security taxes, it would yield enough money to fund the full retirements of eight workers, plus an additional 5.6 years of benefits for a ninth retiree.
Read the whole article here