Elizabeth Warren(@ewarren):A teacher earning $60,000 pays Social Security taxes on every dollar she earns. A worker earning $184,500 does, too. But someone earning $1 million pays the tax on just the first $184,500. Nothing more. Yes, the country’s billionaires pay into Social Security as if they make $184,500. That doesn’t make sense. So I have a bill to eliminate this arbitrary cap on Social Security taxes. If those with the highest incomes just paid the same share as everyone else, we could inject around $3 TRILLION into the program over the next 10 years. I'm fighting hard to protect Social Security.

2026.10.01 18:19

A teacher earning $60,000 pays Social Security taxes on every dollar she earns. A worker earning $184,500 does, too. But someone earning $1 million pays the tax on just the first $184,500. Nothing more. Yes, the country’s billionaires pay into Social Security as if they make $184,500. That doesn’t make sense. So I have a bill to eliminate this arbitrary cap on Social Security taxes. If those with the highest incomes just paid the same share as everyone else, we could inject around $3 TRILLION into the program over the next 10 years. I'm fighting hard to protect Social Security.

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