Birdwatch Archive

Birdwatch Note

2023-06-27 10:31:38 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

The top federal income tax bracket is 37%, not 40%. Even then an individual would need to be earning more than $500,000 a year to be taxed at that rate which is only the top 1% of earners in the United States https://smartasset.com/taxes/current-federal-income-tax-brackets https://www.bloomberg.com/news/articles/2019-10-16/americans-now-need-at-least-500-000-a-year-to-enter-the-top-1#xj4y7vzkg

Written by E9E1216A6501D0FB775DDCC53BB8326334C827FDAED70C961503BE92846F4DC9
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• The top federal income tax bracket is 37%, not 40%. Even then an individual would need to be earning more than $500,000 a year to be taxed at that rate which is only the top 1% of earners in the United States https://smartasset.com/taxes/current-federal-income-tax-brackets https://www.bloomberg.com/news/articles/2019-10-16/americans-now-need-at-least-500-000-a-year-to-enter-the-top-1#xj4y7vzkg