Social Security is one of the most efficient programs in the country—period
The real scam? Billionaires like Trump and Musk dodging their fair share in taxes
On The Joe Rogan Experience earlier this month, Musk called Social Security “the biggest Ponzi scheme of all time.” Trump’s been pushing the same lie for years.
A Ponzi scheme is fraud. Social Security isn’t. Workers pay into it with every paycheck, and when they retire or need it, they get the benefits they earned. It’s transparent, backed by law, and has delivered every dollar it promised for nearly 90 years.
The real scam? Billionaires like Trump and Musk dodging their fair share in taxes. A truck driver and a billionaire currently pay the same amount in Social Security taxes.
But if the ultra-wealthy paid the same percentage as the rest of us? Social Security would be fully funded for the next 75 years—with room to boost benefits.
Instead, Trump and Musk would rather choke the system, call it “broken,” and keep stashing their billions offshore.
Social Security is one of the most efficient programs in the country — period.
In 1957, 2.2% of Social Security’s budget covered staffing and offices. Today? Less than half a percent.
Musk’s so-called “Department of Government Efficiency” is shutting down nearly 50 Social Security offices, slashing phone lines, and leaving millions of real, living people—seniors, disabled workers, widowed spouses, and struggling families—stranded.
Musk doesn’t care about “efficiency.” He cares about siphoning your money and padding his own pockets.
Social Security isn’t just a retirement check. It’s a lifeline for millions.
But Trump, Musk, and their billionaire buddies don’t care. They want to rip it away from everyone—so they can keep dodging taxes and hoard more wealth while millions lose everything.
- Working Families Power
It’s not the percentage of withholding that needs to change. It’s the cap on income that FICA taxes are paid on.
In 2025, income over $176,100 isn’t taxed. If all income was subject, the Trust Funds would be secure.
Yep. 100%:
"... if the ultra-wealthy paid the same percentage as the rest of us? Social Security would be fully funded for the next 75 years—with room to boost benefits."