Birdwatch Note Rating
2022-06-16 12:01:18 UTC - HELPFUL
Rated by Participant: 90AA30D969DF94E73815B32243A6E6F2D5B1C998C14D415C054EA824668D02EC
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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