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Social Security taxes are capped because the benefit calculation doesn't consider income above the same threshold. The only thing absurd about that is pretending it's a pension or retirement account.
8h
Michael 🚲🚲
"Today, Elon Musk, a trillionaire, pays the same amount into Social Security as someone making $184,500," U.S. Sen. Bernie Sanders said, calling the situation absurd and in need of reform. bit.ly/4oCQKSg bit.ly/4oCQKSg
8h
"Today, Elon Musk, a trillionaire, pays the same amount into Social Security as someone making $184,500," U.S. Sen. Bernie Sanders said, calling the situation absurd and in need of reform.
bit.ly
Fact check: Does Elon Musk pay the same in Social Security as a $185k-earner?
Houston Chronicle