Birdwatch Note Rating
2022-06-15 20:11:53 UTC - HELPFUL
Rated by Participant: 1A08F69036EFE8926A9A550FAEE02C005B1201AA497ED81BE449EC96054C50E5
Participant Details
Original Note:
The 8% tax rate claim made here does not represent the true actual rate based on current tax laws. It's comparing what was paid in income taxes with what might be paid with a theoretical wealth tax on unsold stock (unrealized gains). It is intentionally misleading. https://www.whitehouse.gov/cea/written-materials/2021/09/23/what-is-the-average-federal-individual-income-tax-rate-on-the-wealthiest-americans/
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