JayS, AWD, Political Crew: Why do we cap SS tax?

I haven’t owned any of those cars. I bought myself a '96 Firebird when I was 17. I kept it til I was 21, then sold it and leased the GTO with the proceeds. This left about $1000 at the end of the lease, which I put toward the first 3 payments on my TBSS, with the understanding I’d have my MBA after that. Vette is my dad’s, I just use it. And I didn’t work so hard. School comes naturally to me. I went out 4 nights a week, had a great time that I wouldn’t trade for almost anything, and made my income to live off of from consulting/contract work, and investing.

At the end of the day, I still come out equal to or most likely ahead of those that worked for it.