Birdwatch Archive

Birdwatch Note

2023-05-08 21:13:05 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

President Biden's assertion that billionaires pay a lower tax rate than teachers or firefighters was based on nonequivalent comparisons. Propublica had published tax rates for billionaires based on a change in estimated wealth such as unsold stock holdings rather than income. https://www.factcheck.org/2023/02/bidens-tax-rate-comparison-for-billionaires-and-schoolteachers/ https://www.politifact.com/factchecks/2023/feb/20/joe-biden/in-push-for-billionaire-tax-joe-biden-gets-his-fig/

Written by 5F44BE0A574D1FD3B2745F391F6A6C1BF0414FE0A0447EC2FE91E3B60318EF70
Participant Details

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• noteAuthorParticipantId - 5F44BE0A574D1FD3B2745F391F6A6C1BF0414FE0A0447EC2FE91E3B60318EF70 Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• President Biden's assertion that billionaires pay a lower tax rate than teachers or firefighters was based on nonequivalent comparisons. Propublica had published tax rates for billionaires based on a change in estimated wealth such as unsold stock holdings rather than income. https://www.factcheck.org/2023/02/bidens-tax-rate-comparison-for-billionaires-and-schoolteachers/ https://www.politifact.com/factchecks/2023/feb/20/joe-biden/in-push-for-billionaire-tax-joe-biden-gets-his-fig/