Barely 3 days into 2025 and billionaires like Elon Musk will skip paying into social security for the remainder of the year. That's b/c earnings over $176K/yr escape the social security tax. This cap is doing one thing: helping the rich get richer & hurting everyday Americans. - ThreadSky

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publiccitizen.bsky.social • 59 days ago

Barely 3 days into 2025 and billionaires like Elon Musk will skip paying into social security for the remainder of the year.

That's b/c earnings over $176K/yr escape the social security tax.

This cap is doing one thing: helping the rich get richer & hurting everyday Americans.

Comments

artamisc.bsky.social•59 days ago

Just years and years of pointing out corruption,and doing nothing about it.The people everyone rails against and label stupid, have been able to rally,organize and managed to have a nutbag re elected by creating voter fraud, meanwhile those who think of themselves smarter,just whine for years.

artamisc.bsky.social•59 days ago

Democrats enabled this. They said “sorry y’all, rules are meant for us democrats to follow, not republikkkans,we’re handing the keys so that this country becomes a nazi/kkk country and it will take you years to reverse any of this derangement.Rules are ruuuules! Just dont enforce it on them!Sorrry!”

mscrabappletree.bsky.social•59 days ago

This is fucking ridiculous!

Soon we will be so poor, and so hungry, that we will need to eat the rich to survive.

Or, we could just start now. Eat the rich

brewedflames.bsky.social•59 days ago

Tax the rich! Get rid of the tax cap

rocketmansparty.bsky.social•59 days ago

And, that's the problem with the system. If the limits were raised, there would be no problem with social security.

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