Birdwatch Note Rating
2023-01-27 00:24:20 UTC - HELPFUL
Rated by Participant: 1E63C4F17963B9C5B4489BFDF29FE99946F4AFDBE9F44C5F9A9F6119EB7A78A4
Participant Details
Original Note:
It IS actually 30%. Proponents try to argue it is only 23% because if you impose a 30% tax on $10, then $3 only makes up 23% of the total cost of the item. That’s never how sales tax has been calculated. https://www.vox.com/policy-and-politics/2023/1/26/23563563/fairtax-national-sales-tax-kevin-mccarthy?mibextid=q5o4bk
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