Graham Platner: “Somebody making $25 million a year pays the exact same…”

“So right now, every dollar over $176,000 of income that someone makes does not go in to Social Security contributions, which means that Somebody making $25 million a year pays the exact same dollar amount into Social Security as somebody making $176,000 a year. Elon Musk pays his Social Security contributions within something like a minute and a half of the new year.” (08:32–08:42)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.