Birdwatch Note Rating
2023-01-20 15:40:41 UTC - HELPFUL
Rated by Participant: F1DC75E695F3B8B5EA0FD3E8D6739B02D1EF9A2B5F13C9DF1BC78BBE1B1B955E
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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