Birdwatch Note Rating
2022-06-16 03:15:29 UTC - HELPFUL
Rated by Participant: 994AD3ED674F42BEDE118612F7645BBF859B14F7FB531557A19201DF41523DBD
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/
All Note Details