Birdwatch Archive

Birdwatch Note

2023-03-21 14:48:11 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

A teacher making $50,000 would have an effective tax rate of approximately 13.5%. For billionaires, the highest marginal tax rate in the U.S. is currently 37%, which applies to taxable income over $523,600 for single filer Sources: * IRS Tax Brackets: https://www.irs.gov/pub/irs-drop/rp-20-45.pdf

Written by E69876644A8AC42342E53DE89604397EF2BA4E2C467C213C03597D767EAB8E5B
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• noteAuthorParticipantId - E69876644A8AC42342E53DE89604397EF2BA4E2C467C213C03597D767EAB8E5B Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• A teacher making $50,000 would have an effective tax rate of approximately 13.5%. For billionaires, the highest marginal tax rate in the U.S. is currently 37%, which applies to taxable income over $523,600 for single filer Sources: * IRS Tax Brackets: https://www.irs.gov/pub/irs-drop/rp-20-45.pdf