6'2", bench 225x3 (trying 230 today), weigh in at 195lbs.
My hypothesis:
The reason it is easier for shorter people to lift heavier weights is the required torque of the movement.
Torque = force applied x distance from fulcrum.
If you've taken a physics class, this should make sense to you

Think about it like this. Your humerus is the lever. When laying on your back, you raise and lower your humerus (upper arm) by contracting and relaxing your pectoral muscles (assuming little or no help from ant. delts). The fulcrum of this simple system is your shoulder (where the humerus meets the clavicle). When your pectoral muscles contract, they are applying torque to the system and the lever (arm) rises. Now, the torque required to raise the arm is calculated from the above equation. So...
Someone trying to lift 1000N (225 lbs) with a 1m long humerus (I know... very long) will require
1000 N x 1m = 1000Nm of torque to lift
Someone trying to lift that same weight, 1000N (225 lbs) with a .5m long humerus will require
1000 N x .5m = 500Nm of torque to lift
That is, they would need only 1/2 the strength, since only 1/2 the torque is required.
Again, this is merely my guess. Maybe I'm biased because i'm 6'2" and so very weak
