Birdwatch Note Rating
2021-06-14 12:23:25 UTC -
Rated by Participant: E9FA3618E5EF5961394CD4D435DC2E992A6071E7CE9DA8B0D2776210EB1164CA
Participant Details
Original Note:
The top 1% of income earners have an average income tax rate of 26.8% (compared to 4% for the bottom 50%), which represents nearly 39% of all federal income tax revenue. It is the highest average tax rate of all earners in terms of Federal Income Tax. https://taxfoundation.org/summary-of-the-latest-federal-income-tax-data-2020-update/
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