Birdwatch Note Rating
2022-06-15 21:55:43 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 8241EAD216D05D4A15E34997F465DD7875A48D107E999ED60A8661929900FB87
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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