"Did you know that when you reach the lofty pay of $142,600 you no longer pay into Social Security? "

Sorry, but that's incorrect. In 2020, the maximum Social Security tax you could owe in 2020 is $8,537.40 for employees and $17,074.80 for those who are self-employed.

With the wage base limit, you'll only have Social Security taxes taken out of your first $137,700 in income, no matter how much more you make.

So you don't "no longer pay into Social Security". You always pay, but if you make more you don't pay MORE than the maximum.

Now, if you want to complain about that, feel free. (And I'd agree.) But you don't automatically stop paying anything at all.