Birdwatch Note Rating
2023-01-21 03:50:12 UTC - HELPFUL
Rated by Participant: 14F0E5CF80A5070F1B64912978A89DEC4C179F42ABDC3EEA39E5C89C2CD09FAA
Participant Details
Original Note:
It imposes a 23% sales tax to abolish income tax&IRS. Many experts agree actual increases for lower income can be in ballpark of 30% but the exact % is unclear. It will raise the tax burden for 90% of taxpayers w/lower income & reduce tax for 10% (those w/higher income.) https://www.thebalancemoney.com/what-is-the-fair-tax-plan-pros-cons-effect-3305765
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