Senate Banking Committee Member Elizabeth Warren Does Not Understand How Social Security Works – IOTW Report

Senate Banking Committee Member Elizabeth Warren Does Not Understand How Social Security Works

GP:

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.”

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.

— Elizabeth Warren (@ewarren) January 10, 2025

Warren, a ranking member of the Senate Baking Committee, seems unaware that Social Security earnings and payouts are both capped.
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13 Comments on Senate Banking Committee Member Elizabeth Warren Does Not Understand How Social Security Works

  1. “Although Warren called out Musk by name, she failed to include liberal funders George Soros, Jeff Bezos, and Mark Zuckerberg in her critisism.”

    …I hear Nancy Pelosi does pretty well for herself too, with Paul to hammer those stocks home…

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  2. You want to fix…..Social Security…..
    terminate all congressional governmental…..
    retirement plans…..make the Administrative, Congressional, and Judicial branches of our…..
    government depend on Social Security….

    You want to stop insider trading…..make these
    same people out their investments in guardian trusts
    that they can’t exercise daily influence…..

    Our government is broken by cons and thieves…..
    Prove me wrong…..please.

    17
  3. Social security is a tax on the working person, Musk owns it all and is not a worker.
    Then again, I’ll bet he’s not going to be depending on it when he’s 70 years old.
    Warren is just looking for headlines..

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  4. ^^^Ed357 SUNDAY, 12 JANUARY 2025, 10:50 AT 10:50 AM Right you are. I wish Trump would address this issue of congress not having to live with the bullshit they force on the rest of us.

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