Sen. Elizabeth Warren (D-MA) continues to display her ignorance. In a failed effort to criticize Elon Musk, Warren reveals she apparently does not understand how Social Security works.
Warren wrote on X, “When Elon Musk, the richest man on earth, is set to pay the same amount in taxes for Social Security as your neighborhood dentist, we’ve got a problem.”
“I’m fighting to get the wealthy to pay their fair share into Social Security so we can increase benefits.”
Warren, a ranking member of the Senate Baking Committee, seems unaware that Social Security earnings and payouts are both capped.
In 2025, the cap on income subject to SS taxes is $176,100.
The max payout is between $2,831 and $5,108, depending on the age you retire.
As one X user notes, if Musk was taxed without a cap, his payout without a cap would be staggering.
Hellbound and Down 