Birdwatch Note Rating
2025-01-11 15:03:30 UTC - HELPFUL
Rated by Participant: 06850430ED4997105E48CB0D30A81718C71724CAAA3043741F8690AC42380576
Participant Details
Original Note:
There is a cap on the amount of earnings that can be taxed for Social Security. This means any individual with earnings above the cap would pay the same amount of taxes towards Social Security as someone who earned the cap amount (currently $176,100.). Musk pays more in total. https://www.ssa.gov/faqs/en/questions/KA-02387.html
All Note Details