Birdwatch Note Rating
2023-01-30 23:48:18 UTC - HELPFUL
Rated by Participant: 55F88FCA46E4D15994946AFE32D841127FAF2FF46A0C3FDA6D66AB722E66E1EA
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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