Elon Musk Wants to Pay for His Tax Cuts With Your Social Security and Medicare. Republicans have made their plan for the new year crystal clear: Ram through massive tax giveaways for the ultra-wealthy and corporations, and pay for them by shaking down programs and agencies that working families rely on. And they’re putting unelected and unaccountable oligarchs — Musk and Ramaswamy — in charge of deciding how much pain Americans will have to tolerate so that the rich can get richer.