Birdwatch Note
2023-04-17 11:08:13 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
If we assume the top federal tax bracket of 37% and apply the overall state and local tax rate for New York (at 15%), then you start creeping up to the 60% total tax. Consumption taxes (fuel, sales, etc.) add to the total tax burden, of course. Few pay the top MARGINAL rate. https://taxfoundation.org/tax-burden-by-state-2022/
Written by D2F94D466668443FAD9BE600739E697266B71221F1F4229E5E47B4B511634B60
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Original Tweet
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All Information
- ID - 1647919892111282176
- noteId - 1647919892111282176
- participantId -
- noteAuthorParticipantId - D2F94D466668443FAD9BE600739E697266B71221F1F4229E5E47B4B511634B60 Participant Details
- createdAtMillis - 1681729693806
- tweetId - 1647743164562776066
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
- believable -
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- misleadingFactualError - 0
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- summary
- If we assume the top federal tax bracket of 37% and apply the overall state and local tax rate for New York (at 15%), then you start creeping up to the 60% total tax. Consumption taxes (fuel, sales, etc.) add to the total tax burden, of course. Few pay the top MARGINAL rate. https://taxfoundation.org/tax-burden-by-state-2022/
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