Birdwatch Note Rating
2022-04-26 15:41:06 UTC - NOT_HELPFUL
Rated by Participant: 5332702DAA8B8FB18DDF55AB80B61A5810A7C829F0AFCFAD63053134F2680582
Participant Details
Original Note:
The denominator for the 3.27% tax rate includes unrealized capital gains. While they do represent wealth growth, capital gains are only legally required to be taxed in the U.S. when they are realized. Using only the denominator of taxable income, Musk's tax rate was ~27%. https://apnews.com/article/personal-taxes-business-ab6466a9dcc211907a753ccfb7660959
All Note Details