Birdwatch Note Rating
2023-01-28 03:16:15 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 91ED1050C69AB445CFA549CAAF55F48AAC56D267EAADDF024A57D453A99233C4
Participant Details
Original Note:
Other contributors claim that the equivalent income tax rate would be 30%. That’s backwards. The equivalent income tax rate would be 23%. The SALES tax rate would be 30%. The bill proposes changing how the sales tax is presented to make it more comparable to income tax. https://www.vox.com/policy-and-politics/2023/1/26/23563563/fairtax-national-sales-tax-kevin-mccarthy
All Note Details