Birdwatch Note Rating
2023-01-25 15:35:38 UTC - HELPFUL
Rated by Participant: 3D7B48C3BE1521DE39D96B73FE4A25F8386BF247F4F0E3BBBF7C7D23654A511C
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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