Birdwatch Note Rating
2023-01-26 03:41:24 UTC - HELPFUL
Rated by Participant: 0DDA127D089BB574ABC91212EB1C7A37C9BC13A1DB5DFAB32E881A10B6DD0130
Participant Details
Original Note:
In California, those making over $1M dollars (.4% of the population) pay 38.6% of all income tax. (2025-2016). 22% of all income tax is paid by those making over $5M. https://lao.ca.gov/reports/2018/3805/ca-tax-system-041218.pdf Federal tax returns show similar. The top 1% paid more in taxes (2019) than the bottom 90% combined. https://taxfoundation.org/publications/latest-federal-income-tax-data/
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