Media Bias Fact Check (MBFC) publishes daily vetted fact checks from verified IFCN-approved sources. Each claim is independently reviewed for accuracy and context.
Claimant: Bernie Sanders (I)
Claim: “Today, Elon Musk, a trillionaire, pays the same amount into Social Security as someone making $184,500.”
Rating: MOSTLY TRUE
Explanation: Social Security payroll taxes apply only to wage income up to $184,500 in 2026. Income above that threshold is not subject to Social Security tax. Because Musk’s wealth is primarily tied to stock holdings rather than wages, the exact amount he pays can vary, but the claim accurately reflects how the payroll tax cap works.
Date: 06/19/2026
Do you appreciate our work? Please consider one of the following ways to sustain us.
or
Last Updated on June 19, 2026 by Media Bias Fact Check