re: The payroll income cap increases every year. Why is SS going broke?

They are going to do it by raising the income caps but not raising the benefit and they are going to sell it as making the rich pay their "fair share" despite the fact that the system is progressive in that the payout percentage decreases as you pay more into the system.

If you are upper middle class or higher, get ready for a 6+ percent tax hike with nothing in return.