Birdwatch Note Rating
2025-01-11 11:18:05 UTC - HELPFUL
Rated by Participant: 9D000371CF65EFAB1D9A4A6EC40387CE8190CD876E4D93A2F329208F091FBDE4
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