Birdwatch Note Rating
2022-06-15 19:58:32 UTC - HELPFUL
Rated by Participant: 6BE566A357EF1C2AB5C327DEF7A31A9D
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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