MURRAY: Is it true that people making under $184k pay a 12.4% Social Security tax rate?

DAHL: Yes.

MURRAY: And the rate for someone making $1 million?

DAHL: 2.2%.

MURRAY: So, a 12.4% tax for people making less than $184k, but 2.2% for a millionaire or .0002% for billionaires.