Birdwatch Note Rating
2022-06-16 13:25:42 UTC - NOT_HELPFUL
Rated by Participant: 676CF950A5AA3D71A506A1B8806145E242FED41937B36BB7BF24046FA293E745
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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