Birdwatch Note Rating
2021-06-09 03:19:36 UTC -
Rated by Participant: FE2E651C2F7CD487F268427B51AF079E5711969F3308954F1AD8E223BCD49638
Participant Details
Original Note:
This compares accumulated wealth to the taxes paid on annual income. It's apples to oranges. There's VERY valid arguments against the unequal accumulation of wealth in society, and whether we should have a wealth tax, but income tax is a separate issue. This is misleading. https://www.businessinsider.com/difference-between-wealth-net-worth-income-2019-1 https://www.cbpp.org/research/poverty-and-inequality/a-guide-to-statistics-on-historical-trends-in-income-inequality https://www.britannica.com/topic/distribution-of-wealth-and-income
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