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If we're dreaming, it'd be great to do away with OASDI as a separate, non-progressive, capped income tax and just roll it into the regular Federal rate. Bump the 10% bracket to 12%, the 22% to 26% and 37% to 45%. Hell, add a couple points to the CG rate.
But they sold OASDI to Americans like some kind of insurance policy - it's right in the name - and they've been trying to turn that fiction into a personal savings account for decades. Social safety nets just don't fit the mythos of strong, independent American who don't need no gubmint.