Birdwatch Note Rating
2025-01-11 11:24:00 UTC - HELPFUL
Rated by Participant: 9C6495A87A0C43A4770F24CB7CE868F3FBA17CE4BA56537C0642E6F9D501858B
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